Property News · September 30, 2019

Hong Kong’s lived-in home prices see steepest decline of the year as protests, trade war persist


Hong Kong’s home prices have fallen at the fastest rate this year, as the world’s least affordable housing market finds itself under increasing pressure from social unrest and the effects of the US-China trade war.The price index for lived-in homes in August slumped 1.4 per cent to 389.8, a third successive monthly fall, according to figures released by the Rating and Valuation Department on Monday.“Mainly it’s because the social movement persists, which has made both developers and secondary…

Source : South China Morning Post
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