KF: Sydney prime housing prices up 12.5% y-o-y in 2Q15
Knight Frank (KF) noted that its index for prime residential property (i.e. the top 5% in terms of traded prices) in Sydney rose by 12.5% y-o-y in 2Q15. The index had risen by 8.4% since the beginning of 2015 and by 5.8% in 2Q15 alone. Sydney’s y-o-y rise was the third largest of the 35 cities for which KF published data. Sydney appeared in 14th place in KF’s ranking of the 40 most important cities for UNHWIs worldwide in 2015, which appeared in its Global Cities survey early this year.
Source : August 2015/KF/Sydney/RES