Property News · October 3, 2018

Hong Kong home buying sentiment hits a soft patch


Hong Kong’s housing sentiment has cooled amid rising pessimism about the outlook for the world’s least affordable housing market.
Hit by rising borrowing costs for the first time in 12 years and the fallout of the worsening US – China trade war, housing demand has declined, housing statistics show.
Developers have been offering lower prices and adding sweeteners to entice buyers, as more investment banks joined the chorus suggesting home prices could plunge by up to 15 per…

Source : South China Morning Post
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