Property News · January 25, 2019

Analysts change their tune, forecast an up to 15 per cent increase in Hong Kong home prices this year


If you have been holding out for a steeper drop in the prices of residential property in Hong Kong, you are in for a disappointment. Analysts – even those previously forecasting declines – are increasingly of the opinion that prices will bottom out by March. And then rise by up to 15 per cent by December this year.
Nicole Wong, regional head of property research at securities company CLSA, said the sheer amount of money deposited in Hong Kong banks as well as demand from new…

Source : South China Morning Post
Read more…Analysts change their tune, forecast an up to 15 per cent increase in Hong Kong home prices this year

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