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Home-Buying Boom Drove the Value of Global Real Estate Assets up 5% in 2020

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The insatiable appetite for home buying last year saw the world’s real estate assets—the most significant store of wealth globally—jump 5% in value to a record high in 2020, according to a report Wednesday from Savills.

Last year’s price appreciation left the total volume of global real estate assets at $326.5 trillion, a figure that’s more than all global equities and debt securities combined, and worth almost four times that of global GDP,  the estate agency said.


“Government stimulus in the wake of Covid-19 means there is plenty of capital at large, and real estate is viewed as a safe store as global investors search for income in a low-interest-rate environment,” Paul Tostevin, director of the Savills world research team, said in the report. 

“While real estate’s capital value annual growth of 5% in 2020 is lower than those seen in securitized debt, equities and gold, at 17%, 20% and 29% respectively, it is the extra…

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