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Hong Kong house prices fall by the most in nearly a year as volatile stock market hits buying sentiment


Hong Kong’s lived-in home prices declined by the most in nearly a year in September, after touching a record high in July as buying power was hit because of a retreating stock market, according to property consultants.Prices slipped 0.4 per cent to 396.3 last month, according to an index published on Wednesday by the Rating and Valuation Department.It was the steepest fall since October 2020 when it retreated by 0.5 per cent, according to property consultancy Knight Frank. It was also the…

Source : South China Morning Post
Read more…Hong Kong house prices fall by the most in nearly a year as volatile stock market hits buying sentiment

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