Global Property Markets Show Mixed but Active Momentum

The July 2026 Juwai IQI newsletter shows a global property market that remains active, but increasingly selective. Investors are still moving, yet affordability, financing costs and policy changes are shaping decisions across key markets.

Australia remained firm in May, with national home values up 0.5% monthly and 2.3% annually. Perth continued to lead, recording a strong 1.5% monthly gain, supported by tight supply and steady demand.

In Italy, residential prices rose 5.2% year-on-year, while sales increased 4.4%, led by Milan, Rome and Turin. Investment volume also rose sharply, reflecting renewed interest in prime and energy-efficient assets.

Vietnam recorded roughly 12% year-on-year price growth in Q1 2026, supported by strong GDP growth and disciplined selling. In the Philippines, industrial and logistics demand remained one of the strongest themes, with investment pledges up 27% year-on-year.

Capital Flows, Buyers and Policy Shifts

Cross-border capital remains important. The newsletter notes that Chinese buyers are still Australia’s No.1 foreign buyer group, with Australia ranking first by both investor count and approved investment value.

Policy is also influencing investor behaviour. Greece retained its position as the world’s No.1 destination for global wealth for the second consecutive year, supported by fast Golden Visa issuance and flexible investment options.

Meanwhile, Malaysia’s market is cooling, with the average house price projected at RM507,533 in Q1 2026 and quarterly growth forecast at -0.6%, signalling a more cautious environment for speculative pricing.

Outlook

The second half of 2026 will likely favour markets with clear demand drivers, limited supply and strong rental fundamentals. Investors are becoming more careful, but not inactive.

For agents, developers and buyers, the key message is clear: data-led decisions, realistic pricing and stronger market positioning will matter more than ever.