• 09/21/2024

Hong Kong property: mortgage loans for homes under construction fall to lowest in 17 years as rising interest rates stifle transactions

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

The number of new mortgage loans on residential properties in Hong Kong has dropped dramatically this year, new figures show, as rising interest rates and economic uncertainty stifle the property market.

https://www.scmp.com/business/markets/article/3229631/hong-kong-property-mortgage-loans-homes-under-construction-fall-lowest-17-years-rising-interest?utm_source=rss_feed