The new Victoria Harbour development in Hong Kong’s North Point area. Analysts say a rise in interest rates in Hong Kong may dampen property price rises but will not trigger sharp falls. Photo: Edmond So
US interest rate rise may slow Hong Kong home price growth but ‘will not cause a crash’
Strong demand, a shortage of supply and ample investment cash will keep prices high in the world’s most expensive urban centre
Topic |
Hong Kong property
The new Victoria Harbour development in Hong Kong’s North Point area. Analysts say a rise in interest rates in Hong Kong may dampen property price rises but will not trigger sharp falls. Photo: Edmond So
