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Hong Kong home prices approach all-time high as analysts see headwinds toward year-end


Hong Kong’s home prices rose in July, approaching an all-time high, as property buyers gained confidence from signs of economic revival in the financial hub while the government stepped up efforts to contain the coronavirus pandemic.Prices of lived-in homes increased 0.5 per cent to 396.3 in July, according to an index published by the Rating and Valuation Department on Friday. They have rallied every month this year, for a cumulative 4.3 per cent advance. The index reached an all-time high of…

Source : South China Morning Post
Read more…Hong Kong home prices approach all-time high as analysts see headwinds toward year-end

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