Property News · July 12, 2023

Hong Kong’s home prices to decline further amid high mortgage rates, glut of new units, lack of mainland buyers: JLL


Market is having ‘the longest price adjustment since 2008’ and ‘has not found a bottom’, says JLL’s Hong Kong chairman, as firm’s new forecast calls for 5 to 8 per cent drop in home prices in 2023.

Source : South China Morning Post
Read more…Hong Kong’s home prices to decline further amid high mortgage rates, glut of new units, lack of mainland buyers: JLL