Summary points from Knight Frank's 3Q'11 global prime properties report:
1. Prime properties price growth slowing for the first time since the recession of 2008/2009. On average, prime property price increased 4.3% in Sept 2011 compared to a year ago. The cooling down is partly due to government deflationary measures in Asian cities.
2. New York prices up 9.3% during the same period, outperforming the global average.
