hong kong residential market
Why it’s time for the gov’t to remove cooling measures in the housing market
JLL said residential sales in the last nine months have dropped to its lowest level in 20 years.
Why it’s time for the gov’t to remove cooling measures in the housing market
JLL said residential sales in the last nine months have dropped to its lowest level in 20 years.
Residential sales jump 12.7% MoM in August
JLL attributed the increase to the handful of primary projects launched during the month.
Home prices to bottom out in September or October: C&W
In the first seven months of 2022, prices fell 4.5% YoY.
Residential sales in July dampened by rate hikes
The average mortgage rate reached 2.5% by the end of the month.
Super luxury homes sustain demand but sales remain weak
Record luxury property transactions have boosted confidence in the market.Â
Residential sales volume to increase by 48% QoQ in Q2
The market is being driven by buyers looking for upgrading options.
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