Property News · May 31, 2019

Hong Kong’s home prices gather speed in April, rise at the fastest pace in more than six years


Hong Kong’s pre-owned home prices rose at the fastest pace in more than six years, stretching a four-month rally, but analysts expect the uptrend to taper off as buying interest has been adversely hit by the escalating US-China trade war.The price index of used homes rose 3.2 per cent to 390.5 in April, faster than the 3 per cent growth in March, according to data released by the Rating and Valuation Department on Friday.The growth is the fastest for 75 months since February 2013, when a 3.23…

Source : South China Morning Post
Read more…Hong Kong’s home prices gather speed in April, rise at the fastest pace in more than six years

You may also like...