Sales of Hong Kong’s lived-in homes jumped by more than threefold over the weekend after the government last week raised the mortgage entitlements for borrowers, catching banks off guard with a sudden flurry of financing applications, brokers said.Twenty used homes changed hands at 10 housing estates in the city over the weekend, according to data by Centaline Property Agency, a six-month high. The surprise gain prompted brokers to advise buyers to allow an extra 30 days to two months for their…
Source : South China Morning Post
Read more…Hong Kong home sales surge to six-month high as banks seen facing longer time to approve mortgage financing















