Analysts have been reporting dips in residential rents and prices, with predictions of a 5 to10 per cent drop next year. Photo: Bloomberg
Analysts have been reporting dips in residential rents and prices, with predictions of a 5 to10 per cent drop next year. Photo: Bloomberg

Citigroup ignores pessimists, forecasts revival in Hong Kong home prices

Banking giant goes against grain, predicting market will benefit from rising wages, housing shortages and uncertainty over land supply

Analysts have been reporting dips in residential rents and prices, with predictions of a 5 to10 per cent drop next year. Photo: Bloomberg
Analysts have been reporting dips in residential rents and prices, with predictions of a 5 to10 per cent drop next year. Photo: Bloomberg
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