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  1. News - Hong Kong - PROPERTY

    Hong Kong faces risk of abrupt decline in home prices, says IMF

    Posted Dec 12th 2012, 11:30am by Bloomberg and Ray Chan

    ... Monetary Fund said. “The property sector is the main source of domestic economic risk,” the IMF said in a report on the city released today. The odds of a slump that has major economic ... an estimated 1.25 per cent this year, the IMF said. Inflation may average 3.75 per cent this year and 3.5 per cent next year. Housing prices have increased 20 per cent this year, “defying the general ...

    http://www.scmp.com/news/hong-kong/article/1103575/hong-kong-faces-risk-abrupt-decline-home-prices-says-imf

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