Potential homebuyers wearing protective face masks look at a scale model of a Hong Kong housing project in March as the government begins to ease coronavirus restrictions. Photo: Winson Wong

Hong Kong housing slump deepens as borrowers in negative equity triple amid coronavirus pandemic

  • The number of home mortgages in negative equity rose to 384 at the end of March from 128 at end-2019, HKMA says
  • Analysts caution market correction is not over yet amid lingering pandemic effects
Topic |   Hong Kong property
Potential homebuyers wearing protective face masks look at a scale model of a Hong Kong housing project in March as the government begins to ease coronavirus restrictions. Photo: Winson Wong
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