Buying sentiment in Hong Kong has taken a drubbing this year amid four waves of the deadly coronavirus. Photo: Felix Wong Buying sentiment in Hong Kong has taken a drubbing this year amid four waves of the deadly coronavirus. Photo: Felix Wong
Buying sentiment in Hong Kong has taken a drubbing this year amid four waves of the deadly coronavirus. Photo: Felix Wong

Hong Kong poised for first annual decline in home prices in 12 years as coronavirus deepens recession, adds to unemployment woes

  • The fourth wave of Covid-19 infections is likely to tilt the market into negative territory in December after home prices slipped again last month
  • Analysts predict house prices will drop by as much as 5 per cent next year

Topic |   Hong Kong property
Buying sentiment in Hong Kong has taken a drubbing this year amid four waves of the deadly coronavirus. Photo: Felix Wong Buying sentiment in Hong Kong has taken a drubbing this year amid four waves of the deadly coronavirus. Photo: Felix Wong
Buying sentiment in Hong Kong has taken a drubbing this year amid four waves of the deadly coronavirus. Photo: Felix Wong
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