Hong Kong Economic Outlook for 2024: GDP Growth Forecast and Property Regulation Updates
Wednesday, 28 February 2024, 04:07
Hong Kong GDP and Property Market Update
Hong Kong is witnessing changes in its property market dynamics, with a notable shift in housing prices. The relentless fall in prices, around 20% from the peak in 2021, underscores the fragile sentiment prevailing in the market.
GDP Growth Forecast
The economic forecast for Hong Kong in 2024 remains positive, with growth expected to range between 2.5% and 3.5%. Despite uncertainties, the outlook reflects resilience in the face of evolving market conditions.
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.