Property News · February 28, 2018

Signs of cooling? Hong Kong home prices ease in January


Hong Kong’s secondary home prices eased in January and comes at a time when close to 32,000 new flats are expected to be available for pre-sale this year.
The home price index increased 1.27 per cent to 357.5, according to data released by the Rating and Valuation Department on Wednesday. This compared with a rise of 1.4 per cent in December.
Prices for flats smaller than 430 square feet dropped at the fastest pace, by 1.42 per cent in January.
“Slower growth pace is understood as…

Source : South China Morning Post
Read more…Signs of cooling? Hong Kong home prices ease in January

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