Hong Kong property buyers should brace for a cooling third quarter as prices are set to be pressured by buoyant supply of new flats. Potential buyers attend a London property exhibition in Hong Kong on June 10. Photo: Edward Wong
Rising rates may crimp Hong Kong’s second-half home prices by 5 per cent, analysts say
An unusually large supply of 10,000 apartments and tightening mortgage rates are likely to crimp prices in the second half, analysts say.
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Hong Kong housing
Hong Kong property buyers should brace for a cooling third quarter as prices are set to be pressured by buoyant supply of new flats. Potential buyers attend a London property exhibition in Hong Kong on June 10. Photo: Edward Wong