Property News · February 21, 2020

Hong Kong no longer in Hurun’s top 50 cities for fastest-growing home prices after social unrest killed off demand


Hong Kong’s home prices are no longer among the fastest growing on the planet, after months of volatile street protests destroyed demand, according to a new report by Shanghai-based Hurun.The city, famous for its exorbitant property prices, has fallen off Hurun’s annual list of the top 50 cities ranked by the rate at which their house prices are increasing. In 2018, it was in sixth place after prices soared by 13.3 per cent, but it is nowhere to be seen on the Sweetome Hurun Global House Price…

Source : South China Morning Post
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