Property News · August 31, 2018

Hong Kong’s home prices rise for 28th consecutive month but rate of increase further eases


Hong Kong secondary-market home prices rose for a 28th consecutive month in July, but at the slowest rate since last September, according to data from the Rating and Valuation Department on Friday.
The price index for July rose 0.82 per cent, or 3.2 points, to 393.5, much less than the price gains of 1.853 per cent in June and 1.645 per cent in May. It is the slowest growth since last September’s 0.324 per cent.
Home prices surged 9.8 per cent over the first seven months of the year,…

Source : South China Morning Post
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