Hong Kong Monetary Authority

Outlook positive in rebound from crisis

PUBLISHED : Friday, 12 November, 2010, 12:00am
UPDATED : Friday, 12 November, 2010, 12:00am

Research by the Hong Kong Monetary Authority has found that recovery in the luxury market since the financial crisis has been stronger than that of other property types. Luxury property prices have surged 47.4 per cent in the past two years and are now 13.8 per cent above historic peak levels reached in 1997.

 

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