Property News · November 3, 2020

Is the Hang Seng Index or unemployment rate a better predictor of Hong Kong housing prices?


In the last two years, Hong Kong has endured a series of major incidents, from the US-China trade war to the anti-extradition bill and associated social unrest, to the Covid-19 pandemic. The Hong Kong economy has been dampened since the third quarter of 2019, with GDP growth flipped from an uptrend at 0.4 per cent to a downbeat minus 9.0 per cent within four quarters. Despite the economic downturn, Hong Kong housing prices have remained resilient. Official statistics showed that overall…

Source : South China Morning Post
Read more…Is the Hang Seng Index or unemployment rate a better predictor of Hong Kong housing prices?

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