Sales at a luxury residential project by New World Development’s Fleur Pavilia in North Point, started to slow as the day continued on Tuesday, a brief respite in what has been a frenzied market over the past fortnight.
With an imminent interest rate rise – the US Federal Reserve will host a two-day meeting from Wednesday and is expected to announce a quarter-point interest in rate – experts said buyers could have become more worried over meeting increased monthly financial…
Source : South China Morning Post
Read more…Fear of interest rates hike, high prices, hit latest property sale















