Hong Kong’s lived-in home prices retreated for the first time this year in August from an all-time high, after a slump in the local equity market weakened buying sentiment.Prices declined 0.15 per cent to 397.1 last month, according to an index published by the Rating and Valuation Department. The department revised the reading for July to 397.7 from previously reported 396.3. The previous record of 396.9 was set in May 2019.The city’s benchmark equity index has declined every month this…
Source : South China Morning Post
Read more…Hong Kong home prices slip from all-time high amid concerns about stock market wealth, policy speculation
