Sales of residential properties have been strong recently, but is this upsurge part of a longer-term trend, or are the fundamentals still pushing the market downwards? Photo: Felix Wong
Sales of residential properties have been strong recently, but is this upsurge part of a longer-term trend, or are the fundamentals still pushing the market downwards? Photo: Felix Wong

Word of caution: Hong Kong’s property sector faces turbulence, despite transaction volume hitting four-year high

Higher prices and healthier transaction volume may suggest that the local housing market has recovered, but some in the industry are cautioning that it is still heading downwards due to weak fundamentals

Sales of residential properties have been strong recently, but is this upsurge part of a longer-term trend, or are the fundamentals still pushing the market downwards? Photo: Felix Wong
Sales of residential properties have been strong recently, but is this upsurge part of a longer-term trend, or are the fundamentals still pushing the market downwards? Photo: Felix Wong
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