HK property market shatters price records for 13th straight month


  • Property
  • Saturday, 30 Dec 2017

HONG Kong’s private home prices broke historic records for the 13th straight month in November, with the ascent showing no immediate signs of ending and analysts expecting the rise to continue into next year.

Private home prices rose by 1.08% in November, marking the fastest pace of growth in six months, according to data compiled by the Rating and Valuation Department released yesterday. The index, which began its climb in April 2016, surged 13.1% year-on-year.

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