Singapore and China led the world in home-price appreciation in the second quarter amid accelerating economic growth in both countries, according to real estate consultant Knight Frank LLP.
Residential land prices in England may drop as much as 10 percent this year as banks sell distressed property, Knight Frank LLP said.
Prime central London property prices increased in June and are almost 60 percent higher than the market low in 2009, according to real-estate broker Knight Frank LLP.
"The increase in land values mirrors the growth seen in house prices over the last year."
- Knight Frank on Aug 26, 2014