Report of the international real estate agency Knight Frank said, declining growth in emerging markets like Dubai, Nairobi is the place in the previous year the growth rate is double digit.
As of May 3/2015, the index grew by 1.3%, down from 3.5% yoy. Tokyo topped the annual rankings in Q2, who rent apartments are up 8.1%.
Africa and North America recorded the strongest increase in apartment rents compared to other regions in the world, an average annual increase of 4.3% respectively and 3.2%.
Dubai recorded in the first quarter / 2015 the decline since 2011, 0.6% in the first three months of 2015. According to Ms. Kate Everett-Allen, a member of the team of Knight Frank Residential, the This decline consistent with the non-oil economy of the UAE, which grow at a weaker pace in the first quarter / 2015.
The report points out that in Moscow , the majority of apartments are paid in dollars , weakness of the ruble against the dollar has led to an increase in the number of home owners moved their house into rental contracts rubles . By using dollar fell 42% but rents fell only 5 % when using the ruble .
The synergy between the global economy and premium rents increasingly evident . Premium rents are a key indicator led to the recession in 2008 , except for a brief divergence in 2011 .
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