Despite COVID Outbreaks, Many International Cities Enjoying Sales Recovery in July.
According to Knight Frank's latest Global Property Index, and despite localized outbreaks, a lot of global cities are seeing sales volumes continue to improve with April so far looking to be the low point for residential activity. houses New outbreaks have occurred in portions of the US (Southern & Western states), Spain (Catalonia, Galicia) as well as Melbourne which has led to the city entering lockdown again and the state border closing between Victoria and New South Wales, for the first time in 100 years. Perth has also attempted to limit international arrivals to 525 a week. The UK has also released its long-awaited 'traffic-light' list of 74 nations and territories which Brits can travel to without self-isolating from 10 July. Whilst France, Spain, Italy and Germany are included, Portugal, the US and Canada are now absent. In the case of Australia and New Zealand, despite being on the list, their borders remain closed. People resident in Scotland, Wales and...