Hong Kong home prices were flat in June after reaching a two-year high, as buyers stayed on the sidelines, apparently taking a breather after months of rising prices buoyed by low-interest mortgage rates and a rebounding economy.An index measuring the prices of second-hand homes stayed at 394.5, data from the Ratings and Valuation Department shows, just a whisker below the previous peak of 396.9 in May 2019.“This is quite normal after a few months of frenzied buying and prices have been rising,…
Source : South China Morning Post
Read more…Hong Kong home prices stay flat in June as buyers take a breath after months of price increases
