Hong Kong property prices end 10-month falling streak

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Hong Kong property prices end 10-month falling streak

2024-04-26 15:20 | Source of manuscript: China News Service of Hong Kong

On April 26, data showed that Hong Kong property prices ended their 10-month falling streak. The private residential price index rebounded by more than 1% month-on-month in March, but still fell by more than 13% year-on-year. However, new supply will increase this year and next. The Rating and Valuation Department predicts that the number of residential completions this year and next will exceed 20,000 units each year.Hong Kong China News Agency Picture

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