• 11/25/2024

Hong Kong property: home prices slump to lowest since January 2017 as high interest rates undercut demand

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Hong Kong’s 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.

https://www.scmp.com/business/article/3250133/hong-kong-property-home-prices-slump-lowest-january-2017-high-interest-rates-undercut-demand?utm_source=rss_feed