Property News · March 29, 2018

Hong Kong’s February lived-in home prices rise at the fastest pace in 10 months 


The prices of lived-in homes in Hong Kong soared last month at the fastest pace in 10 months, as buyers rushed to get ahead of an expected increase in mortgage rates, while a shortage of available properties forced buyers to raise their bids in the world’s most expensive real estate market.
An index of secondary market home prices rose 5.8 points, or by 1.6 per cent to 364.1 in February, according to data released by the Rating and Valuation Department, faster than the 1.53-per cent gain…

Source : South China Morning Post
Read more…Hong Kong’s February lived-in home prices rise at the fastest pace in 10 months