Property agents in Quarry Bay display flat prices on September 28. Photo: Edward WongProperty agents in Quarry Bay display flat prices on September 28. Photo: Edward Wong
Property agents in Quarry Bay display flat prices on September 28. Photo: Edward Wong

Hong Kong home prices drop – ending bull run of 28 months as world’s priciest market reaches tipping point

First home-price declines in more than two years seen in August. Smallish flats on Hong Kong Island take a big hit; skittish owners offer deep discounts to unload properties.

Topic |   Hong Kong property
Property agents in Quarry Bay display flat prices on September 28. Photo: Edward WongProperty agents in Quarry Bay display flat prices on September 28. Photo: Edward Wong
Property agents in Quarry Bay display flat prices on September 28. Photo: Edward Wong
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