A slowing local economy, a potential interest rate hike and increased new supply are weighing heavy on residential prices in Hong Kong. Photo: Bloomberg

Hong Kong home prices to lower, despite improved sentiment

Nomura expects a further 10pc drop medium term, while JLL sees a further 15-20pc correction from current levels, before bottoming out

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A slowing local economy, a potential interest rate hike and increased new supply are weighing heavy on residential prices in Hong Kong. Photo: Bloomberg
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