Property News · April 17, 2019

Hong Kong’s pre-owned housing market rips higher, as analysts warn of pause ahead


The recent uptick in the secondary market where buyers kept snapping up homes costing less than HK$6 million (US$765,267) in major estates is expected to take a breather in coming weeks as prices near their previous peaks, analysts said.“The recent rise in home prices has been quite fast, accumulating solid increases. Also, a number of bargains in the market have been snapped up and homeowners have kept asking prices firm,” said Willy Liu, chief executive of Ricacorp Properties.Ricacorp said it…

Source : South China Morning Post
Read more…Hong Kong’s pre-owned housing market rips higher, as analysts warn of pause ahead

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