Hong Kong government officials are still warning about the dangers of a property market bubble. Speaking before the Legislative Council this week, Financial Secretary John Tsang Chun-wah insisted...
- Tue
- May 21, 2013
- Updated: 11:47pm
Trending topics
Mainland bank lending tumbled last month, reflecting weakening investment sentiment, partly reflecting slowing demand.
But the jury is still out on when the government may ease...
'On my radar screen another risk has emerged. That's the risk we encountered back in 2009: the renewed risk of a housing price bubble. The city's low mortgage rates are hugely negative.
Mainland developers are in for hard times this year, but a loan default by a cash-strapped homebuilder is unlikely despite tough operating conditions and a tight credit market, say analysts.
...Property sales on the mainland climbed significantly this month amid a lowering of mortgage rates at banks and steep price cuts by developers at new projects.
The US Federal Reserve expects to keep interest rates near historic lows until late 2014. With the currency peg, Hong Kong's low interest rates will likely persist into 2014 or even beyond.
...The latest figures on the mainland's property sector suggest that government austerity measures are having an increasing impact, with only two out of 70 cities recording price gains for newly...
Mortgage consulting company mReferral expects the total value of mortgages from banks for this year will be about HK$228 billion, lower than the HK$324 billion for 2010, as a result of the...
Financial instability in many of the world's leading economies, rising mortgage rates and volatile stock markets have spooked Hong Kong property investors, who have adopted a wait-and-see attitude...
Investment in property development on the mainland is slowing amid Beijing's continued measures to tighten lending and restrict demand.
Developers are increasingly being required to...
New figures from the central bank show loans have become more accessible to small firms and subsidised housing developments, but analysts believe credit is much tighter than the figures suggest...
Home sales continued rebounding from a near six-year low a fortnight ago, as property market sentiment showed some signs of improving.
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