Global prime residential prices rose 2.5% over the 12 months ending September 2025, marking a continuation of a two-year slowdown in luxury housing growth, according to Knight Frank. The deceleration reflects broader macroeconomic pressures, including elevated interest rates and a slowdown in the pace of rate cuts. In September 2024, 43% of 37 sampled central banks had trimmed rates, but by April 2025 that...