Under control: New Zealand’s handling of the Covid-19 crisis and its rapid economic recovery resulted in Auckland residential prices rising 18% higher in 2020, says Knight Frank. - Reuters
PRIME residential prices performed better than expected in 2020 despite the negative impact of the Covid-19 pandemic, according to Knight Frank in its latest wealth report.
“Not only did the Prime International Residential Index (PIRI 100), our annual assessment of prime residential prices across 100 locations around the world, register growth, but at 1.9% it eclipsed its 2019 performance of 1.8%, ” says the global real estate consultancy.
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