The prices of lived-in homes have risen by 5.04 per cent in the first quarter in a three-month rally, recovering from a 9.2 per cent decline from August to December last year. Photo: Martin Chan

The return of Hong Kong’s residential property bull market tests the city government’s policy response to tame runaway prices

  • The price index of pre-owned homes rose to 377.5 in March, an increase of 2.9 per cent from the previous month
  • The last time the monthly data rose by the same magnitude was in September 2016
Topic |   Hong Kong property

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The prices of lived-in homes have risen by 5.04 per cent in the first quarter in a three-month rally, recovering from a 9.2 per cent decline from August to December last year. Photo: Martin Chan
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Only 4 per cent of the 500 respondents polled said it was a good time to buy property. Photo: AFP

Half of Hongkongers think property prices will rise in next 12 months, Citibank survey finds

  • 57 per cent of respondents to quarterly Hong Kong Residential Property Ownership Survey believe it is a ‘bad and terrible’ time to buy a home
Topic |   Hong Kong property

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Only 4 per cent of the 500 respondents polled said it was a good time to buy property. Photo: AFP
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