Markets
The Prime Index · how it is built
Composite 12-month move
+2.92%
Prime Index
Best performer
Lagos
+17.00% 12mo
Weakest
Toronto
−9.50% 12mo
Latest reading
2026-Q3
As at Q3 2026
MarketIndex12 moPrime $/m²Gross yieldPeriod
LagosNigeria—+17.00%$1,500—2026-Q3MumbaiIndia—+8.20%$10,416.673.8%2026-Q3JohannesburgSouth Africa—+7.10%—13.5%2026-Q3Cape TownSouth Africa—+6.00%$3,013.99.5%2026-Q3NairobiKenya—+5.30%—7.4%2026-Q3MadridSpain—+4.20%$12,9175.5%2026-Q3BerlinGermany—+3.40%$13,4553.9%2026-Q3LisbonPortugal—+3.40%$15,715.33.8%2026-Q3SydneyAustralia—+3.40%$20,989.624.5%2026-Q3DubaiUnited Arab Emirates—+1.90%$4,9806.7%2026-Q3Hong KongHong Kong SAR—+1.80%$40,1493.5%2026-Q3MilanItaly—0.00%$17,4385.0%2026-Q3New YorkUnited States—−0.10%$28,093.815.0%2026-Q3SingaporeSingapore—−0.10%$20,020.873.1%2026-Q3BangkokThailand—−0.20%$12,8095.4%2026-Q3TorontoCanada—−9.50%—3.9%2026-Q3Abu DhabiUnited Arab Emirates——$11,735—2026-Q3RiyadhSaudi Arabia———5.8%2026-Q3VancouverCanada———5.8%2026-Q3Mexico CityMexico———6.8%2026-Q3TokyoJapan——$28,847.253.3%2026-Q3ParisFrance——$11,4004.7%2026-Q3Awaiting a checked reading: London. These cities are in the index but have no figure we can currently source.
A dash means no citable figure, not zero. Methodology
Also covered
Outside the indexThese markets get coverage, developer research and a page of their own. They are not in the Prime Index basket: widening it would change what the composite measures and break comparability with every reading already published.
Western Europe