Europe

On average of all cities, within the past year, inflation-adjusted home prices have seen the sharpest drop since the global financial crisis in 2008 according to the UBS Global Real Estate Bubble Index.
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Viewings have increased in the first half of 2023 vs the same period last year, partly linked to the increased number of leads according to Sotheby’s International Realty.

Capital values grew on average by 1.1% across the 30 cities included in the Savills World Cities Prime Residential Index in H1 2023.
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According to Savills total investment volume for the second quarter of the year will be around €33bn, will represent a 57% drop compared to the same period last year.