Property News · November 30, 2018

Hong Kong home prices see a 2.4 per cent decline in October – a third consecutive monthly drop at a quickening pace


Home prices in Hong Kong slid for a third month – and picked up the pace.
Analysts often say that three makes a trend, so the latest data are significant for property watchers, developers, owners and buyers.
Hong Kong lived-in home prices saw their largest fall in three months, with a 2.4 per cent decline in October. That means home prices have fallen 3.6 per cent in total after peaking in July.
The price index of used homes dropped to 380.3 in October from 389.5 in the previous month, a…

Source : South China Morning Post
Read more…Hong Kong home prices see a 2.4 per cent decline in October – a third consecutive monthly drop at a quickening pace

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