Market Reports

Colombo luxury apartments stabilising after a strong run

• • Luxury apartment prices in Colombo's CBD rose ~48% between 2018 and 2023, then steadied across 2024–2025.
• • Established-apartment price moves in 2025 were a modest 0.2–2.9% — a more mature, disciplined market.
• • New launches average ~LKR 48,500 / sqft, with apartments starting from ~LKR 49M.

Source: LankaPropertyWeb · PropertyGuide.lk

NZ values edged lower in 2025, recovery eyed for 2026

• • National values fell −1.0% over 2025; Stats NZ median ~NZ$790,000 (June 2025).
• • ANZ: seasonally adjusted prices up 0.1% in May, +1.3% since the last trough.
• • Economists forecast 2–5% house-price growth for 2026 as buyer activity returns.

Source: Cotality (CoreLogic) · ANZ

Capital-city prices steady as the RBA began easing

• • Sydney dwelling median ~A$1.18M; national median ~A$820K (2025).
• • RBA delivered its first rate cut since 2020, lifting buyer confidence into 2026.
• • Listing volumes remain below the 5-year average, supporting values.

Source: CoreLogic · RBA

Mortgage rates ease, supply stays tight

• • Median existing-home price ~US$396,000 (2025); 30-yr rates drifted toward 6.5%.
• • S&P CoreLogic Case-Shiller national index rose ~3.5% year-on-year.
• • For-sale inventory recovered but remains below pre-2020 norms.

Source: NAR · CoreLogic

Private home prices firm under cooling measures

• • URA private residential price index up ~1% in 2025; core-region prices outperform.
• • Additional Buyer's Stamp Duty continues to deter speculative flipping.
• • Mortgage rates track 3-month SORA (~2.8%), easing refinancing pressure.

Source: URA · MAS

BoC cuts lift activity as mortgages renew higher

• • National average price ~CAD $650,000; Toronto / Vancouver lead resilience.
• • Bank of Canada lowered the policy rate through 2025 toward 2.75%.
• • A wave of 2020–21 mortgage renewals is reshaping affordability.

Source: CREA · BoC

Dubai prime demand sets new records

• • Dubai residential prices +~20% YoY; prime villas and Marina towers lead.
• • Record transaction volumes and Golden Visa inflows sustain demand.
• • Prime residential yields remain among the highest globally (~4–5%).

Source: DXB Land Dept · CBRE

London prime recovers as the BoC trims rates

• • UK average house price ~£290,000; London prime values +2-3% in 2025.
• • Bank of England base rate eased toward 4%, supporting borrowing.
• • Stamp-duty threshold changes shape the first-time-buyer segment.

Source: ONS · Halifax