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The five biggest factors that may influence Hong Kong home prices in the year ahead


Hong Kong has repeatedly been touted as the least affordable housing market over the years, with the average household needing to save for about 20 years to buy a home.It costs HK$16,239 (US$2,082) per sq ft to buy a property in Hong Kong, according to data from Midland Realty.But Hong Kong saw slower growth in 2021 because of the coronavirus pandemic. It placed 116th among 150 cities surveyed for house price growth in the third quarter, according to Knight Frank’s Global Residential Cities…

Source : South China Morning Post
Read more…The five biggest factors that may influence Hong Kong home prices in the year ahead

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