Now is a "key time" for property investors

Property investors are always looking for places to invest and the current economic climate, which could result in large alterations to foreign currency exchange rates, is important to them, it has been suggested.

Lily Simpson, head of business development at Quintessentially Estates, makes her comments in response to the latest Knight Frank Global House Price Index.

"When the market is like it is [at present], it is a key time for investors. They do not want to miss the trick completely but at the same time they don't want to invest too early and loose out," she states.

Ms Simpson suggests that the second half of next year will see the most investments in foreign property taking place, when investors view the time as being right to do so.

Other findings from the Knight Frank study, which was released last month, included the fact that annual global house price growth - excluding Dubai - slowed to 3.8 per cent in the third quarter of this year.