The Global Residential Cities Index tracks the movement in mainstream residential prices across 150 cities worldwide using official statistics.

Overall, the index’s performance is moderating. At 3.2%, the index increased at its weakest annual rate since the second quarter of 2015.

Yet despite this, more than 78% of the 150 cities tracked by the index, registered either flat or rising prices over the 12-month period. In short, prices are rising across more cities but at a slower rate.

Analysis of the top performing city over the last three years backs up this trend. Three years ago annual growth in excess of 40% was not unusual, in the last year the frontrunners are closer to 20% (fig 1).