Hong Kong Home Prices Enter Correction Territory, for Now

Source: Bloomberg, Jan 18, 2019

Author: Shawna Kwan

Home buyers in the world’s most-expensive property market may finally have something to cheer about — Hong Kong’s housing market is officially in correction territory.

Secondary home prices have fallen by 9.8 percent from their peak in August, latest figures from Centaline Property Agency Ltd. released Friday show. That puts them at their lowest level since February 2018.

See more: https://www.bloomberg.com/markets/fixed-income

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