{"id":136731,"date":"2023-05-18T09:00:36","date_gmt":"2023-05-18T02:00:36","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-likely-back-in-a-downtrend-as-slump-resumes-after-short-lived-first-quarter-recovery-citi\/"},"modified":"2023-05-18T09:08:26","modified_gmt":"2023-05-18T02:08:26","slug":"hong-kong-home-prices-likely-back-in-a-downtrend-as-slump-resumes-after-short-lived-first-quarter-recovery-citi","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-likely-back-in-a-downtrend-as-slump-resumes-after-short-lived-first-quarter-recovery-citi\/","title":{"rendered":"Hong Kong home prices \u2018likely back in a downtrend\u2019 as slump resumes after \u2018short-lived\u2019 first-quarter recovery: Citi"},"content":{"rendered":"


\nAfter a 7 per cent rise in the first quarter, sales have now slumped and sellers are slashing prices to get deals done amid a \u2018downward trend\u2019 that will last through the year, according to agents and analysts.
\n
\nSource : South China Morning Post
\nRead more…Hong Kong home prices \u2018likely back in a downtrend\u2019 as slump resumes after \u2018short-lived\u2019 first-quarter recovery: Citi<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

After a 7 per cent rise in the first quarter, sales have now slumped and...<\/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-136731","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-zzl","jetpack-related-posts":[{"id":96938,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/expect-home-price-deflation-of-5-per-cent-among-major-hong-kong-housing-estates-in-latest-quarterly-data-midland-says\/","url_meta":{"origin":136731,"position":0},"title":"Expect home price deflation of 5 per cent among major Hong Kong housing estates in latest quarterly data, Midland says","date":"August 30, 2018","format":false,"excerpt":"\r Home prices at major housing estates are on track for a 5 per cent decline in the current quarter, reversing a rising trend that had seen prices gap up by double digits in the first half of the year, according to Midland Holdings, the city\u2019s only listed property agency.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103927,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/brace-for-a-20-per-cent-decline-in-hong-kong-home-prices-says-senior-director-of-ck-asset\/","url_meta":{"origin":136731,"position":1},"title":"Brace for a 20 per cent decline in Hong Kong home prices, says senior director of CK Asset","date":"February 13, 2019","format":false,"excerpt":"\r Hong Kong home prices could be headed for a multi-year downtrend that knock valuations by up to 20 per cent, prompting major developers to slash prices for new homes along with the sliding market, according to a senior executive at CK Asset Holdings, the second largest developer in Hong\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11596,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-repo-man-is-back-at-work-in-the-property-sector-as-harsh-economy-and-falling-house-prices-fuel-surge-in-foreclosures\/","url_meta":{"origin":136731,"position":2},"title":"Hong Kong\u2019s repo man is back at work in the property sector, as harsh economy and falling house prices fuel surge in foreclosures","date":"April 28, 2016","format":false,"excerpt":"\r Property foreclosures in Hong Kong continue to mount as home prices delate, and analysts warn there would be more borrowers failing to pay mortgages on time as the downtrend continues.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s repo man is back at work in the property\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111028,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/number-of-hongkongers-expecting-home-prices-to-fall-doubles-citi-survey-shows-as-political-crisis-darkens-the-mood\/","url_meta":{"origin":136731,"position":3},"title":"Number of Hongkongers expecting home prices to fall doubles, Citi survey shows, as political crisis darkens the mood","date":"September 24, 2019","format":false,"excerpt":"\r The violent protests that have engulfed Hong Kong have taken a serious toll on confidence in the local property market.The number of Hongkongers who believe home prices will fall in the next 12 months has doubled since the pro-democracy demonstrations began in early June, according to a survey by\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116095,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-prices-to-rise-5-10-per-cent-by-year-end-citi-expects\/","url_meta":{"origin":136731,"position":4},"title":"Hong Kong property prices to rise 5-10 per cent by year-end, Citi expects","date":"May 6, 2020","format":false,"excerpt":"\r Hong Kong home prices have bottomed out and are likely to rise between 5 and 10 per cent from this month up to the end of the year, as the Covid-19 outbreak in the city comes under control and economic activity picks up in its wake, according to Citi.\u201cHome\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":136731,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/136731"}],"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=136731"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/136731\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=136731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=136731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=136731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}