Hong Kong’s home prices narrowly avoided their first annual decline in 12 years as the fourth wave of coronavirus dealt a less savage blow than expected to December’s data.The price index for lived-in homes in December fell 0.4 per cent to 379.3, stretching a three-month losing streak to 1 per cent, according to data from the Rating and Valuation Department released on Wednesday.That left the index a fraction above its reading of 379.2 in December 2019. However, it was below the level of 379.7…
Source : South China Morning Post
Read more…Hong Kong property market narrowly avoids first annual decline in home prices in 12 years as demand defies coronavirus















