Analysts said developers slowed down new launches after the US implemented its first interest rate in a decade. Hong Kong commercial banks are expected to follow suit in the coming months, pulling up mortgage rates. Photo: Edward Wong

Worst month since 1991: new home sales in Hong Kong plunge 80 per cent in January

Topic |   Hong Kong property

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Analysts said developers slowed down new launches after the US implemented its first interest rate in a decade. Hong Kong commercial banks are expected to follow suit in the coming months, pulling up mortgage rates. Photo: Edward Wong
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