Property News · January 3, 2024

Hong Kong home sales sink to 33-year low in 2023 amid high interest rates as sector sees glimmers of rebound in December


Transactions in 2023 fell 2.7 per cent year on year to 58,023, while value fell 13.9 per cent to HK$477.6 billion (US$61 billion), Centaline says. Property agents see growth ahead given positive December figures and anticipated rate cuts.

Source : South China Morning Post
Read more…Hong Kong home sales sink to 33-year low in 2023 amid high interest rates as sector sees glimmers of rebound in December