Property News · August 6, 2018

Hong Kong home prices to face deflation trend by end of year, analysts say


Hong Kong home prices could slip into deflation by the end of the year, as a cocktail of concerns ranging from the downbeat stock market to trade war fears and rising interest rates take their toll on sentiment, according to market observers.
Home price deflation is likely to set in by December in the form of a single-digit drop month on month, while a sharper 10 per cent decline is possible in the first quarter of 2019 from the prior quarter, said Lee Shu-kam, associate professor in economics…

Source : South China Morning Post
Read more…Hong Kong home prices to face deflation trend by end of year, analysts say

You may also like...