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  1. Home sales jump as economy slackens

    Posted Jul 14th 2012, 12:00am

    ... would force the government to ease some of the restrictions. New home sales in June amounted to 531.3 billion yuan (HK$652.1 billion), up 41 per cent from the previous month, according ... said home sales between January and June actually fell 6.5 per cent from the same period a year ago. The mainland witnessed a spurt in home-buying last month amid speculation that Beijing would ...

  2. Higher home sales in view as tax falls

    Posted Mar 08th 2012, 12:00am

    ... Sandy Li sandy.li@scmp.com A breakthrough in secondary-market home sales as the year progresses has been predicted by analysts and agents as the initial impact of the government's ... by Midland Realty, equal to about 30 per cent of last month's figure of 3,406 sales. With an improvement in property sales, home prices during the week from February 20 to 26 edged up 0.72 per ...

  3. HK home sales fall to 32-month low

    Posted Nov 03rd 2011, 12:00am

    ... Sandy Li sandy.li@scmp.com Home sales in Hong Kong dropped to a 32-month low last month as the market fell victim to fears of a global economic recession, rising mortgage rates and credit ... developers have sped up their marketing of new projects over the past fortnight. Lau said he believed sales of new homes would rise in the next two months as potential buyers had regained confidence. ...

  4. Mainland property stocks dumped as home sales fall

    Posted Sep 28th 2011, 12:00am

    ... by falling sales. For buyers of bricks and mortar on the mainland, rather than shares, the question is whether stock investors have got their forecasts right. Will property prices on the mainland ... of property stocks- and therefore the market's sentiment about property sales and prices- had fallen back to the lows last seen during the sector's trough in 2008, said Alan Jin, the head ...

  5. Home sales tipped to tumble, office rentals to stay strong

    Posted Dec 08th 2010, 12:00am by Sandy Li

    ... Sandy Li Hong Kong's residential property sales will see a notable drop next year, but tight supply would prevent a free fall in prices, according to Jones Lang LaSalle. 'The ... as 7,000, from 11,000 deals this year, an estimated fall of more than 36 per cent. Tsang believed residential prices would see more stable growth next year with luxury home prices growing ...

  6. Transparency the right first step on home sales

    Posted Oct 24th 2010, 12:00am by Staff Reporter

    ... something, Donald Tsang Yam-kuen also announced proposals to address contentious sales practices by developers that tend to compound resentment of the affordability gap. Firstly, the administration ... the Housing Bureau is setting up a steering committee to consider regulating the sale of flats by law, including sales practices, price lists, show flats and saleable area. The Real Estate Developers ...

  7. Market gloom stifles home sales

    Posted Aug 11th 2008, 12:00am by Denise Tsang

    ... Denise Tsang Hong Kong home-buying deals slumped by 36 per cent to 1,294 and by almost 50 per cent in value to HK$4.12 billion in the first seven days of this month versus the same period last month, industry data show. The collapse in confidence among homebuyers was attributed by agents to the continued uncertainty over the effects of the subprime credit crisis and a volatile ...

  8. HOS sale options under review

    Posted Feb 07th 2012, 12:00am

    ... Joyce Ng joyce.ng@scmp.com Housing officials have disclosed five options for pricing new Home Ownership Scheme flats, including two intended to address concerns that the new scheme may ... will be discussed by the Housing Authority today. 'But as the arrangements will involve subsidising home ownership with public money, they should also be acceptable to the community as a whole,' ...

  9. UBS sees HK home prices falling

    Posted May 11th 2012, 12:00am

    ... Paggie Leung paggie.leung@scmp.com The sharp rise in home prices this year has scared off buyers and is unlikely to be sustained, UBS analyst Eva Lee says. 'There were about 8,000 ... in sales volumes shows the market can't accept current prices, which are already up by 6 per cent so far this year. That price surge cannot be sustained.' A fall in mortgage rates ...

  10. Sales rebound on pent-up demand

    Posted Feb 22nd 2012, 12:00am

    ... and released pent up demand. Led by resurgent interest in small- to medium-sized homes, sales in the 50 major housing estates monitored by Ricacorp Properties were up 25 per cent to 501 for the period ... agents said. Agents believe resurgent demand will ensure the rebound in sales volumes is sustained at least until next month, and say home prices in selected housing estates have already begun ...




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