{"id":114597,"date":"2020-02-28T11:13:09","date_gmt":"2020-02-28T04:13:09","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/coronavirus-hong-kong-home-prices-extend-decline-in-january-with-more-pain-in-store-as-covid-19-adds-to-economic-gloom\/"},"modified":"2020-02-28T11:46:57","modified_gmt":"2020-02-28T04:46:57","slug":"coronavirus-hong-kong-home-prices-extend-decline-in-january-with-more-pain-in-store-as-covid-19-adds-to-economic-gloom","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/coronavirus-hong-kong-home-prices-extend-decline-in-january-with-more-pain-in-store-as-covid-19-adds-to-economic-gloom\/","title":{"rendered":"Coronavirus: Hong Kong home prices extend decline in January with more pain in store as Covid-19 adds to economic gloom"},"content":{"rendered":"


\nHong Kong’s home prices extended a drop in January as the coronavirus outbreak added to the gloom in the economy already reeling from the effects of social unrest in 2019. As the epidemic spreads, the market should brace of a steeper decline in February, according to Ricacorp Properties.An index of secondary market home prices fell 0.2 per cent to a three-month low of 378.2 in January, according to data released by the Rating and Valuation Department on Friday, following a 1.6 per cent loss in\u2026
\n
\nSource : South China Morning Post
\nRead more…Coronavirus: Hong Kong home prices extend decline in January with more pain in store as Covid-19 adds to economic gloom<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong’s home prices extended a drop in January as the coronavirus outbreak added to...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-114597","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-tOl","jetpack-related-posts":[{"id":119618,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-poised-for-first-annual-decline-in-home-prices-in-12-years-as-coronavirus-deepens-recession-adds-to-unemployment-woes\/","url_meta":{"origin":114597,"position":0},"title":"Hong Kong poised for first annual decline in home prices in 12 years as coronavirus deepens recession, adds to unemployment woes","date":"December 29, 2020","format":false,"excerpt":"\r Hong Kong looks likely to record its first annual drop in home prices for 12 years as a fourth wave of coronavirus infections threatens to worsen the city\u2019s recession and unemployment problem.The official price index for used homes slipped 0.2 per cent to 380.4 in November, the lowest level\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119882,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-market-narrowly-avoids-first-annual-decline-in-home-prices-in-12-years-as-demand-defies-coronavirus\/","url_meta":{"origin":114597,"position":1},"title":"Hong Kong property market narrowly avoids first annual decline in home prices in 12 years as demand defies coronavirus","date":"January 27, 2021","format":false,"excerpt":"\r Hong Kong\u2019s home prices narrowly avoided their first annual decline in 12 years as the fourth wave of coronavirus dealt a less savage blow than expected to December\u2019s data.The price index for lived-in homes in December fell 0.4 per cent to 379.3, stretching a three-month losing streak to 1\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115292,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-coronavirus-outbreak-containment-measures-weigh-on-sector-hong-kong-home-prices-record-biggest-drop-in-15-months\/","url_meta":{"origin":114597,"position":2},"title":"As coronavirus outbreak, containment measures weigh on sector, Hong Kong home prices record biggest drop in 15 months","date":"March 31, 2020","format":false,"excerpt":"\r Hong Kong home prices had their steepest drop in 15 months in February, and are expected to decline by up to 20 per cent from a peak in June 2019 by year-end amid the coronavirus pandemic.An index of used home prices dropped 2.1 per cent last month, according to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117762,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-transactions-expected-to-fall-11-6-per-cent-in-july-with-coronavirus-third-wave-hurting-demand\/","url_meta":{"origin":114597,"position":3},"title":"Hong Kong property transactions expected to fall 11.6 per cent in July, with coronavirus third wave hurting demand","date":"July 13, 2020","format":false,"excerpt":"\r Property transactions in Hong Kong, including those involving homes, shops, industrial units and car parks, are expected to fall this month, as a third wave of coronavirus cases adds to the woes of a sector already hit hard by economic recession and rising unemployment.Centaline Property Agency forecast on Sunday\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142103,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-home-prices-slump-to-lowest-since-january-2017-as-high-interest-rates-undercut-demand\/","url_meta":{"origin":114597,"position":4},"title":"Hong Kong property: home prices slump to lowest since January 2017 as high interest rates undercut demand","date":"January 29, 2024","format":false,"excerpt":"\r Hong Kong\u2019s lived-in home prices fell by about 1.4 per cent, the eight straight monthly decline. Overall, prices fell 6.7 per cent in 2023, versus a much sharper slump than the 15 per cent decline a year earlier.\r \r Source : South China Morning Post\r Read more...Hong Kong property:\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128333,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-worst-yet-to-come-with-up-to-30-per-cent-slump-a-possibility-as-market-enters-decline\/","url_meta":{"origin":114597,"position":5},"title":"Hong Kong home prices: worst yet to come, with up to 30 per cent slump a possibility as market enters decline","date":"July 28, 2022","format":false,"excerpt":"\r The worst is yet to come for Hong Kong home prices, with the market at the start of a decline amid interest rate rises and economic slowdown, the 2022 SCMP China Conference heard on Thursday.\r \r Source : South China Morning Post\r Read more...Hong Kong home prices: worst yet\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/114597"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=114597"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/114597\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=114597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=114597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=114597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}