{"id":118783,"date":"2020-09-30T11:02:55","date_gmt":"2020-09-30T04:02:55","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-august-home-price-index-drops-by-the-most-in-six-months-as-recession-covid-19-sap-investment-appetite\/"},"modified":"2020-09-30T12:03:01","modified_gmt":"2020-09-30T05:03:01","slug":"hong-kongs-august-home-price-index-drops-by-the-most-in-six-months-as-recession-covid-19-sap-investment-appetite","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-august-home-price-index-drops-by-the-most-in-six-months-as-recession-covid-19-sap-investment-appetite\/","title":{"rendered":"Hong Kong\u2019s August home price index drops by the most in six months as recession, Covid-19 sap investment appetite"},"content":{"rendered":"<p>&#013;<br \/>\nHong Kong\u2019s prices for used residential property declined by the most in six months in August, as the coronavirus pandemic combined with the city\u2019s worst recession on record in sapping investors\u2019 appetite.The August price index for lived-in homes dropped by 1.1 per cent to 380.6, according to the Rating and Valuation Department on Wednesday, the biggest decline since February and down 4.1 per cent from the May 2019 peak of 396.9. The price index fell 2.1 per cent among large homes measuring\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3103605\/hong-kongs-august-home-price-index-drops-most-six-months-recession-covid\" target=\"_blank\">Hong Kong\u2019s August home price index drops by the most in six months as recession, Covid-19 sap investment appetite<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong\u2019s prices for used residential property declined by the most in six months in&#46;&#46;&#46;<\/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-118783","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-uTR","jetpack-related-posts":[{"id":146801,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-july-used-home-price-index-drops-to-8-year-low-amid-tepid-property-market\/","url_meta":{"origin":118783,"position":0},"title":"Hong Kong\u2019s July used-home price index drops to 8-year low amid tepid property market","date":"August 28, 2024","format":false,"excerpt":"\r Hong Kong\u2019s housing industry remains mired in a slump, as a huge pipeline of coming and unsold homes combines with the highest borrowing costs in more than two decades to sap demand.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s July used-home price index drops to 8-year\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118036,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-june-home-prices-rise-to-10-month-high-as-buyers-defy-coronavirus-in-search-for-safe-haven-assets\/","url_meta":{"origin":118783,"position":1},"title":"Hong Kong\u2019s June home prices rise to 10-month high as buyers defy coronavirus in search for safe haven assets","date":"July 31, 2020","format":false,"excerpt":"\r Hong Kong\u2019s home price index rose to the highest level in 10 months in June, as investors and speculators defied a third wave of coronavirus infections in the city in their search for safe haven assets amid a gloomy outlook for the global economy.June\u2019s index of used homes edged\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106704,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-march-home-prices-rise-at-the-fastest-monthly-pace-in-30-months-as-city-struggles-to-keep-runaway-market-in-check\/","url_meta":{"origin":118783,"position":2},"title":"Hong Kong\u2019s March home prices rise at the fastest monthly pace in 30 months, as city struggles to keep runaway market in check","date":"April 30, 2019","format":false,"excerpt":"\r The prices of Hong Kong\u2019s pre-owned homes rose 2.9 per cent in March from the previous month at the fastest monthly pace in almost three years, as the city\u2019s government struggles for policy responses to keep runaway prices in check.The price index of pre-owned homes rose to 377.5 in\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":159441,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-closer-mainland-integration-is-lifting-hong-kongs-residential-market\/","url_meta":{"origin":118783,"position":3},"title":"How closer mainland integration is lifting Hong Kong\u2019s residential market","date":"August 18, 2025","format":false,"excerpt":"\r One of the big themes in Asia\u2019s real estate industry this year is divergence. The average price of second-hand homes in Japan in the first quarter of 2025 rose at an annualised pace of 9.5 per cent, while in mainland China it contracted 7.5 per cent, according to Knight\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":161590,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-rise-slightly-while-rents-near-historic-peak\/","url_meta":{"origin":118783,"position":4},"title":"Hong Kong home prices rise slightly while rents near historic peak","date":"September 26, 2025","format":false,"excerpt":"\r Hong Kong\u2019s lived-in home prices rose by 0.14 per cent in August, according to the latest official data, suggesting a gradual recovery in the city\u2019s struggling residential property market. An official index measuring price movement among the city\u2019s second-hand homes made a modest gain for the fifth straight month,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104495,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-january-home-prices-advance-taking-a-breather-from-a-five-month-decline\/","url_meta":{"origin":118783,"position":5},"title":"Hong Kong\u2019s January home prices advance, taking a breather from a five-month decline","date":"February 28, 2019","format":false,"excerpt":"\r Hong Kong\u2019s home prices took a breather in January from their five-month drop, vindicating earlier predictions by some analysts that transaction values could reverse last year\u2019s 9.2 per cent decline.The overall price index of pre-owned homes rose by less than a tenth of a percentage point to 359.5 last\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118783"}],"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=118783"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118783\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=118783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=118783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=118783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}