People wearing masks, walk across a street in Hong Kong on February 24. The coronavirus outbreak has struck fears in the market as property sales came to near a standstill. Photo: AP Photo People wearing masks, walk across a street in Hong Kong on February 24. The coronavirus outbreak has struck fears in the market as property sales came to near a standstill. Photo: AP Photo
People wearing masks, walk across a street in Hong Kong on February 24. The coronavirus outbreak has struck fears in the market as property sales came to near a standstill. Photo: AP Photo

Coronavirus: Hong Kong home prices extend decline in January with more pain in store as Covid-19 adds to economic gloom

  • Home prices in secondary market slips again in January as the viral outbreak adds to gloom in city’s economy
  • Slump in retail and hotel sectors has prompted Hong Kong government to unveil a record budget deficit to revive growth

Topic |   Hong Kong property
People wearing masks, walk across a street in Hong Kong on February 24. The coronavirus outbreak has struck fears in the market as property sales came to near a standstill. Photo: AP Photo People wearing masks, walk across a street in Hong Kong on February 24. The coronavirus outbreak has struck fears in the market as property sales came to near a standstill. Photo: AP Photo
People wearing masks, walk across a street in Hong Kong on February 24. The coronavirus outbreak has struck fears in the market as property sales came to near a standstill. Photo: AP Photo
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