Hong Kong residential property prices appear at a disconnect with the uptrending cycle of US interest rates, thanks to strong local buying interest and rising demand from mainlanders seeking to hedge gainst yuan depreciation.
Home prices surged to a new time high of 148.67 for the week ended March 5, according to the Centa-City Index Leading Index, undeterred by what some analysts believe will be three interest rates increases this year.
The US Federal Reserve will begin its two day policy…
Source : South China Morning Post
Read more…Concerns amid ‘disconnect’ as Hong Kong home prices rise in lock step with US rates















