Property News · June 30, 2020

Has Hong Kong’s home market regained its footing? May’s lived-in price index recorded its biggest gain in 13 months


The average price of Hong Kong’s lived-in homes took a tentative step toward recovery in May, as the city’s coronavirus outbreak stabilised, and some property buyers were attracted by a flood of easy financing to enter the fray.An index that measures prices in the secondary market rose 1.9 per cent in May, reversing the 0.1 per cent decline in April, marking the biggest monthly jump in 13 months, according to data released by the Rating and Valuation Department. That has brought the average…

Source : South China Morning Post
Read more…Has Hong Kong’s home market regained its footing? May’s lived-in price index recorded its biggest gain in 13 months

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