Hong Kong’s lived-in home prices rose for a fourth consecutive month to a seven-month high in July, indicating the city’s residential property market may have turned a corner.
A widely watched official index of secondary home prices gained 0.42 per cent month on month to 387.9 in July, according to data from the Rating and Valuation Department on Wednesday. It was the index’s highest level since 289.2 in December.
Secondary home prices have increased 1.05 per cent since April, narrowing this…
Source : South China Morning Post
Read more…Hong Kong home prices hit 7-month high in July as market shows signs of recovery















