Hong Kong Home Prices Continue Decline, Hits Lowest Level Since September 2016
Tuesday, 26 March 2024, 05:00
Hong Kong Home Prices Decline Continues
In February 2022, the lived-in home-price index for Hong Kong fell by 1.7%, continuing a downward trend observed for 10 consecutive months.
Prices have dropped by 13.7% in value compared to previous months, reaching the lowest level since September 2016.
This steady decline reflects persistent challenges in the real estate market of Hong Kong, impacting both buyers and sellers.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.