Home prices have soared 268 per cent from August 2003, when they bottomed out after plunging 70 per cent from the peak. Photo: Bloomberg

Interest rate rise fuels Hong Kong property market correction debate

Some say HK home prices may drop up to 15pc next year but others see stable market until 2017

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Home prices have soared 268 per cent from August 2003, when they bottomed out after plunging 70 per cent from the peak. Photo: Bloomberg
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