Key real estate trends and predictions 2023
The Knight Frank research team bring you a review of the key risks and opportunities for property investors during 2023.
1 minute to read
Our leading researchers put forward the biggest risks and opportunities investors in their respective sectors should be thinking about in 2023.
Flora Harley, residential research, looks at how inflation will impact rate hikes and what affect that could have on residential real estate markets as a whole, and how that could impact struggling economies.
Kate Everett-Allen, head of international residential research explores how interest rate rises as well as tax rises could affect overseas buyers particularly at the luxury end of the market.
Infrastructure investment particularly in regions across Europe and the strong dollar, however, offer investors opportunities.
Tom Bill, head of UK residential research, expects house prices to begin to drop next year following a mini-budget that confused the market. Although we could see more 'accidental landlords' who decide to let rather than sell, which could put downwards pressure on rents.
Elsewhere, Ollie Knight, head of residential development research looks at how developers expect sales to slowdown next year although new tenures will see continued investment.
Andrew Shirley, head of rural research, analyses how land usage is changing amongst farm owners, which could offer opportunities.
Lee Elliott, global head of occupier research, warns that occupiers will need a more compelling workplace experience and that investors will need to be aware of how occupiers plan to use workspaces in 2023.
Finally, Stephen Springham, head of retail research, predicts that the recession will not have such a negative impact on the sector as some have predicted.
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