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.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!