World city luxury home price growth slowing, latest index shows

Prime property price growth in key cities around the world slowed in the second half of 2018 to just 0.4% but overall increased by 2.3% across 2018, the latest international index shows. The strongest growth was 9% in Berlin, followed by 7.9% in Shanghai, 7.7% in Singapore, 7.3% in Hong Kong, 6.9% in San Francisco, 5.7% in Tokyo and 4.8% in Shenzhen, according to the data from the world cities index from international real estate firm Savills.

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