Property News · March 13, 2019

Winter, not spring, is coming for Hong Kong’s housing market, says DBS


The recent uptick in the city’s housing market should be viewed with caution, as improving sentiment could prove short-lived once the weight of the trade war and other headwinds factor back into view, according to new research from DBS Bank (Hong Kong).Hong Kong’s housing market is set for a year or negative returns, with a likely drop of 10 per cent, according to the Singaporean bank, which believes there is little that can stop the correction in asset prices.“When buyers realised that there…

Source : South China Morning Post
Read more…Winter, not spring, is coming for Hong Kong’s housing market, says DBS

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