HONG KONG: Hong Kong’s record-breaking private home prices rose at their fastest pace in a year in April, the latest government data showed, as the city’s scorching hot housing market shows no sign of cooling down.
A government index tracking private home prices in April climbed 1.84% compared to a month ago, growing at the fastest pace since April 2017, according to the Rating and Valuation Department. It jumped 13.91% year-on-year, and 6.6% so far this year.
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