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2020’s best (and worst) global cities for property value growth

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2020’s best (and worst) global cities for property value growth

by Grace Ormsby 21 January 2020 1 minute read

The world’s major cities are expected to grow their residential property values by an average of just 1.8 per cent in the next 12 months – so where might be worthy of an overseas investment? And where might you be better off avoiding?

World map
World map
by Grace Ormsby
January 21, 2020

Smart Property Investment recently looked at Sydney’s ranking as one of the top three cities – alongside Lisbon and Moscow – earmarked for growth in a 2020 global index from Savills. 

Here, we have listed down the full forecasted index of 27 cities and their value expectations.

Cities that will see growth in 2020

The following cities are all expected to see growth in residential property prices over the coming year:

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Lisbon (6 per cent to 7.9 per cent)
Sydney (6 per cent to 7.9 per cent)
Moscow (6 per cent to 7.9 per cent)
Paris (4 per cent to 5.9 per cent)
Amsterdam (4 per cent to 5.9 per cent)
Guangzhou (4 per cent to 5.9 per cent)
Hangzhou (4 per cent to 5.9 per cent)
Berlin (2 per cent to 3.9 per cent)
Singapore (2 per cent to 3.9 per cent)
London (2 per cent to 3.9 per cent)
Cape Town (2 per cent to 3.9 per cent)
Shanghai (2 per cent to 3.9 per cent)
Tokyo (0 per cent to 1.9 per cent)
Los Angeles (0 per cent to 1.9 per cent)
Geneva (0 per cent to 1.9 per cent)
Beijing (0 per cent to 1.9 per cent)
Shenzhen (0 per cent to 1.9 per cent)
San Francisco (0 per cent to 1.9 per cent)

Cities that will stagnate

The following three cities are expected to remain at their current value levels for 2020:

Madrid (0 per cent)
Barcelona (0 per cent)
Bangkok (0 per cent)

Cities it might be better to avoid in 2020

The following cities are expected to achieve negative growth over the next 12 months:

Hong Kong (-6 per cent to -7.9 per cent)
Dubai (-2 per cent to -3.9 per cent)
Miami (-1.9 per cent to 0 per cent)
Mumbai (-1.9 per cent to 0 per cent)
Kuala Lumpur (-1.9 per cent to 0 per cent)
New York (-1.9 per cent to 0 per cent)

2020’s best (and worst) global cities for property value growth
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