In the first half of 2025, prices for luxury housing worldwide, according to a study by Savills, remained stable, rising by only 0.7%. This is significantly lower than the 2.2% increase recorded in 2024.
The uncertainty caused by the financial and geopolitical situation affected the luxury housing market in the first six months of the year, according to Andrew Cummings, a representative of Savills.
In terms of total capital appreciation, the leaders in the first half of the year were Tokyo (+9%) and Berlin (+7%), while Dubai (+5%) took the third place.
The largest rent increases out of the 30 cities included in the index were in Tokyo, Los Angeles, Cape Town, Berlin and Hong Kong.
Source: Consultancy