Hong Kong house prices tend to following the direction of the stock market after a short lag, writes David Ji. Photo: Martin Chan
David Ji
Opinion

Opinion

Concrete Analysis by David Ji

This indicator has proven to be an accurate gauge for Hong Kong house prices

  • Local home prices have been highly correlated with the Hang Seng Index
  • Declines in stocks since the second half of last year suggest a significant correction for housing in 2019

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Hong Kong house prices tend to following the direction of the stock market after a short lag, writes David Ji. Photo: Martin Chan
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