{"id":119882,"date":"2021-01-27T13:28:29","date_gmt":"2021-01-27T06:28:29","guid":{"rendered":"http:\/\/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\/"},"modified":"2021-01-27T15:14:32","modified_gmt":"2021-01-27T08:14:32","slug":"hong-kong-property-market-narrowly-avoids-first-annual-decline-in-home-prices-in-12-years-as-demand-defies-coronavirus","status":"publish","type":"post","link":"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\/","title":{"rendered":"Hong Kong property market narrowly avoids first annual decline in home prices in 12 years as demand defies coronavirus"},"content":{"rendered":"


\nHong 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 per cent, according to data from the Rating and Valuation Department released on Wednesday.That left the index a fraction above its reading of 379.2 in December 2019. However, it was below the level of 379.7\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong property market narrowly avoids first annual decline in home prices in 12 years as demand defies coronavirus<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s home prices narrowly avoided their first annual decline in 12 years as the...<\/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-119882","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-vbA","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":119882,"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":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":119882,"position":1},"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":114597,"url":"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\/","url_meta":{"origin":119882,"position":2},"title":"Coronavirus: Hong Kong home prices extend decline in January with more pain in store as Covid-19 adds to economic gloom","date":"February 28, 2020","format":false,"excerpt":"\r Hong 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\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":119882,"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":119357,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-set-to-slip-further-after-unexpected-0-6-per-cent-drop-in-october-as-coronavirus-fourth-wave-dents-confidence\/","url_meta":{"origin":119882,"position":4},"title":"Hong Kong home prices set to slip further after \u2018unexpected\u2019 0.6 per cent drop in October as coronavirus fourth wave dents confidence","date":"November 26, 2020","format":false,"excerpt":"\r The fourth wave of coronavirus infections is expected to drag Hong Kong\u2019s home prices down further after they \u201cunexpectedly\u201d fell 0.6 per cent in October.In an earlier-than-expected release, the government\u2019s Rating and Valuation Department on Thursday revealed that the secondary market home price index dropped to 380.9 last month.\u201cEven\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101856,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-see-a-2-4-per-cent-decline-in-october-a-third-consecutive-monthly-drop-at-a-quickening-pace\/","url_meta":{"origin":119882,"position":5},"title":"Hong Kong home prices see a 2.4 per cent decline in October \u2013 a third consecutive monthly drop at a quickening pace","date":"November 30, 2018","format":false,"excerpt":"\r Home prices in Hong Kong slid for a third month \u2013 and picked up the pace. Analysts often say that three makes a trend, so the latest data are significant for property watchers, developers, owners and buyers. Hong Kong lived-in home prices saw their largest fall in three months,\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\/119882"}],"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=119882"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119882\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=119882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=119882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=119882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}