Property News · August 2, 2018

China’s second-tier cities set for rapid house price inflation in coming decade, overshadowing Hong Kong, says DBS


Hong Kong’s soaring housing market is beginning to show signs of fatigue, an indication that it is likely to be overtaken by other Chinese cities in terms of price appreciation in the years to come, according to investment bank DBS.
Prices are unlikely to rise meaningfully in the second half, and slower annual growth rates are likely to be the norm for the coming decade in light of an already high price base, said Carol Wu, head of China and Hong Kong research at DBS Bank (Hong Kong) at a…

Source : South China Morning Post
Read more…China’s second-tier cities set for rapid house price inflation in coming decade, overshadowing Hong Kong, says DBS

You may also like...