Property News · May 18, 2020

Hongkongers less bearish on property market, as decline in home prices begins to excite buyers: Citi survey


Hongkongers are turning less bearish about the city’s residential market after two major calamities in the past year made prices cheap enough to excite some buyers, according to a survey by Citigroup. On balance, the conclusion was it might be better to wait a little longer.About 10 per cent of respondents considered the market conditions an excellent time to purchase a home, the US bank said on Monday. That is the highest level in nine years, and double the level recorded in a similar survey…

Source : South China Morning Post
Read more…Hongkongers less bearish on property market, as decline in home prices begins to excite buyers: Citi survey

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