Home Prices Fall To Five-year Low
"); jQuery("#212 h3").html("
"); });
2022-11-28 HKT 15:29
Share this story
Home prices have fallen for a fifth consecutive month to their lowest since November 2017, government figures published on Monday showed.
October home prices fell 2.4 percent on month - widening from the 2.1 percent decline recorded in September.
Compared to a year ago, prices were 11 percent lower.
Flats measuring 1,075 square feet or smaller were 2.5 percent cheaper in October compared with September, while homes larger than 1,075 square feet were down one percent on month.
Rents edged up 0.3 percent, although levels are still down 2.6 percent from a year ago.
XTransfer Partners With Bank SinoPac HK To Expand Cross-Border Payment Services
XTransfer has entered into a collaboration with Bank SinoPac, through its Hong Kong Branch, to expand international ope... Read more
Standard Chartered To Launch Bitcoin And Ethereum Custody Services By 2026
Standard Chartered Bank (Hong Kong) participated in Hong Kong Fintech Week 2025 (HKFTW25) as a strategic partner, annou... Read more
HashKey And Kraken Form Partnership On Institutional Tokenised Assets
HashKey and Kraken have announced a strategic partnership to promote institutional adoption of tokenised assets. The co... Read more
Reap Expands Global HQ With New Office In Hong Kong
Reap, a global fintech company providing stablecoin-enabled financial infrastructure, has expanded its global headquart... Read more
HeyMax Debuts In Hong Kong, Partnering With Cathay To Drive Regional Growth
Loyalty and travel rewards platform HeyMax has made its first international launch in Hong Kong, partnering with Cath... Read more