The gloomy forecasts come amid increasing signs that Hong Kong’s famously expensive property market has finally taken a downturn. Photo: Bloomberg

Moody’s sees Hong Kong home prices tumbling … half of Hongkongers agree

  • House prices and sales of new homes will drop by up to 15 per cent in the next 12 to 18 months, according to Moody’s Investors Service

  • Almost half of Hongkongers expect home prices to fall in the next year, estimating a 12 per cent drop, according to a Nielsen survey

Topic |   Hong Kong property

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The gloomy forecasts come amid increasing signs that Hong Kong’s famously expensive property market has finally taken a downturn. Photo: Bloomberg
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