Knight Frank on Global House Price Index

The video discusses global real estate market trends, highlighting a pullback in prices due to interest rate hikes and inflation. It examines resilience in Asia Pacific and wealth-backed markets like New York and London. The impact of variable and fixed mortgage rates is explored, with a focus on Australia and Hong Kong. China's property market is analyzed in the context of COVID-19 and policy uncertainties.

What is one reason for the pullback in real estate prices in markets like New Zealand?

• Government subsidies

• Interest rate hikes

• Increase in construction

• Decrease in population

Which markets are considered resilient due to being backed by wealth?

• Hong Kong and Singapore

• Sydney and Melbourne

• Paris and Berlin

• Tokyo and Osaka

What type of mortgage is becoming more popular due to rising interest rates?

• Variable rate mortgages

• Interest-only mortgages

• Balloon payment mortgages

• Fixed rate mortgages

How have historical mortgage rates in the 80s and 90s compared to recent years?

• They were lower in the 80s and 90s

• They were higher in the 80s and 90s

• They were about the same

• They fluctuated more in recent years

What is a current challenge for China's property market?

• Lack of urban development

• COVID-19 strategy and lockdowns

• High foreign investment

• Overleveraged buyers