Hong Kong private home prices posted their first monthly on month rise in six mo...
HONG KONG - Hong Kong private home prices posted their first monthly on month rise in six months in January, as sales rebounded in one of the world’s least affordable property markets.
Thomas Lam, executive director of Knight Frank, said while the data showed prices stabilizing, a sustained recovery was unlikely. A continued correction could lead to more cases of negative equity on residential mortgage loans, which resurfaced for the first time in two years in the last quarter of 2018.
France Dernières Nouvelles, France Actualités
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