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.
Manulife Names Wilton Kee As CEO For Hong Kong And Macau
Manulife has appointed Wilton Kee as the new Chief Executive Officer for its Hong Kong and Macau operations, effective ... Read more
Banks Are Not Ready For AI | Singapore AI CxO Roundtable
In this exclusive roundtable jointly hosted by Fintech News Network and Alteryx, senior banking leaders in Singapore sh... Read more
Mizuho Bank To Invest In Rakuten Bank In October
Mizuho Bank will shift its investment into a 5.81% stake in Rakuten Bank, according to Japan Today. The move allows the... Read more
Forthright Subsidiaries Secure SFC Approval For Virtual Asset Services Across 3 Licenses
Forthright Securities and Forthright Capital have received approval from the Securities and Futures Commission (SFC) to... Read more
SFC Names Elisa Ng To Lead Investment Products, Reappoints Lisa Chen
The Securities and Futures Commission (SFC) has appointed former J.P. Morgan Asset Management executive Elisa Ng as its... Read more
Mastercard And JD.com Partner To Expand Cross-Border Payment Options In China
Mastercard and JD.com have entered a strategic partnership to develop cross-border supply chain finance tools for busin... Read more