{"id":98730,"date":"2018-09-28T09:41:29","date_gmt":"2018-09-28T02:41:29","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-august-home-prices-mark-first-drop-in-28-months-as-worlds-priciest-market-reaches-tipping-point\/"},"modified":"2018-09-28T10:03:16","modified_gmt":"2018-09-28T03:03:16","slug":"hong-kongs-august-home-prices-mark-first-drop-in-28-months-as-worlds-priciest-market-reaches-tipping-point","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-august-home-prices-mark-first-drop-in-28-months-as-worlds-priciest-market-reaches-tipping-point\/","title":{"rendered":"Hong Kong\u2019s August home prices mark first drop in 28 months as world\u2019s priciest market reaches tipping point"},"content":{"rendered":"


\nHong Kong\u2019s prices of lived-in homes fell in August, marking their first decline since March 2016, as a combination of forced supply and higher mortgage rates pushed the world\u2019s most expensive residential property market to its much-anticipated tipping point.
\nThe city\u2019s Rating and Valuation Index, that tracks the prices of used homes, dropped by 0.6 point to 393.9 last month, from 394.2 a month earlier, according to data by the Rating and Valuation Department.
\nThat marks the…
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s August home prices mark first drop in 28 months as world\u2019s priciest market reaches tipping point<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s prices of lived-in homes fell in August, marking their first decline since March...<\/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-98730","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-pGq","jetpack-related-posts":[{"id":111215,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-lived-in-home-prices-see-steepest-decline-of-the-year-as-protests-trade-war-persist\/","url_meta":{"origin":98730,"position":0},"title":"Hong Kong\u2019s lived-in home prices see steepest decline of the year as protests, trade war persist","date":"September 30, 2019","format":false,"excerpt":"\r Hong Kong's home prices have fallen at the fastest rate this year, as the world's least affordable housing market finds itself under increasing pressure from social unrest and the effects of the US-China trade war.The price index for lived-in homes in August slumped 1.4 per cent to 389.8, a\u2026","rel":"","context":"In "Property News"","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":98730,"position":1},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61072,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cheung-kong-sun-hung-kai-laughing-all-the-way-to-the-bank-in-worlds-priciest-apartment-market\/","url_meta":{"origin":98730,"position":2},"title":"Cheung Kong, Sun Hung Kai laughing all the way to the bank in world\u2019s priciest apartment market","date":"July 18, 2017","format":false,"excerpt":"\r Hong Kong\u2019s residential property prices, which are the highest among the world\u2019s major urban centres, have turned the city\u2019s two biggest developers into winners, helping them beat their 12-month sales targets half way through the year. Cheung Kong Property Holdings, the flagship developer of Hong Kong\u2019s wealthiest man Li\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113991,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/double-whammy-of-coronavirus-and-protests-is-about-to-send-hong-kongs-home-prices-plunging-say-property-analysts\/","url_meta":{"origin":98730,"position":3},"title":"Double whammy of coronavirus and protests is about to send Hong Kong\u2019s home prices plunging, say property analysts","date":"January 31, 2020","format":false,"excerpt":"\r Hong Kong\u2019s famously expensive home prices fell in December and are likely to slide further in the coming months as authorities try to bring the Chinese coronavirus under control, said property analysts.The official price index for used homes dipped 1.7 per cent to 378.5 in December, according to the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":84134,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-february-lived-in-home-prices-rise-at-the-fastest-pace-in-10-months\/","url_meta":{"origin":98730,"position":4},"title":"Hong Kong\u2019s February lived-in home prices rise at the fastest pace in 10 months\u00a0","date":"March 29, 2018","format":false,"excerpt":"\r The prices of lived-in homes in Hong Kong soared last month at the fastest pace in 10 months, as buyers rushed to get ahead of an expected increase in mortgage rates, while a shortage of available properties forced buyers to raise their bids in the world\u2019s most expensive real\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123438,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-secondary-home-prices-fall-by-the-most-in-14-months-in-october-as-banks-turn-cautious-on-valuations\/","url_meta":{"origin":98730,"position":5},"title":"Hong Kong\u2019s secondary home prices fall by the most in 14 months in October as banks turn cautious on valuations","date":"November 26, 2021","format":false,"excerpt":"\r Hong Kong\u2019s lived-in home prices dropped by the most in 14 months in October after peaking in August, with buying sentiment cooling as banks become more cautious in valuating property.Prices fell 0.85 per cent to 394.8 last month, according to an index published by the Rating and Valuation Department\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\/98730"}],"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=98730"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/98730\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=98730"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=98730"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=98730"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}