Hong Kong’s property market is showing some resilience of late as buyers throng showrooms on weekends in spite of the threat of rising Covid-19 infections, with prices and buying sentiment on the ascent.The upturn has come on the back brisk transactions in June and July amid expectations the Covid-19 pandemic has peaked. The bullish signs over the weekend could mean a backlog of mortgage applications and a slowdown in processing could get worse.Buyers who need to apply for bank mortgages to…
Source : South China Morning Post
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