In Hong Kong, housing prices are a constant topic in the media, on social networks and among professional pundits.
Yet, when it comes to predicting its future movement, no one seems to be sure who to believe. By August 2018, it had been on rising streak for 28 months. Then there were signs of a correction beginning to emerge. By November, it had dropped 3.6 per cent month on month. But prices still rose 3.9 per cent over the whole 11-month period last year.
One would be forgiven for not…
Source : South China Morning Post
Read more…This indicator has proven to be an accurate gauge for Hong Kong house prices
