Property News · March 15, 2019

Hong Kong slips to 22nd spot globally in home price inflation as property curbs bite, survey finds


Hong Kong’s housing market has slipped well down the list when it comes to the pace of annual percentage gains among major cities worldwide, according to the latest survey by Knight Frank.The city fell to 22nd place from the No 1 spot a year ago among 56 global markets tracked, as average home prices tumbled 6.2 per cent in the final three months of 2018, according to the Knight Frank global house price index.For the 12 months through December, Hong Kong home prices rose 5.8 per cent, easing…

Source : South China Morning Post
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