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.
Ant International And Bank Of China Partner To Enhance Cross-Border Payment Connectivity
Ant International and Bank of China (Hong Kong) (“BOCHK”) announced a partnership which leverages BOCHK’s banking... Read more
BitGo Korea Gets Green Light For Virtual Asset Custody, Backed By SK Telecom
BitGo Holdings, Inc. (BitGo) announced that its subsidiary, BitGo Korea, Inc. (BitGo Korea), received its Virtual Asset... Read more
Webinar: When Account Takeover Moves Past Onboarding
Account takeover shows why fraud risk cannot be treated as an onboarding problem. Fraudsters are using stolen credentia... Read more
JCB To Trial Stablecoin Payments In Japan With Digital Garage And Lawson
JCB Co., Ltd. (JCB), Digital Garage, Inc. (Digital Garage), and Lawson, Inc. (Lawson) announced that they have jointly ... Read more
Bonnie Chan To Lead HKEX Until Feb 2030 After Securing Second Term
The HKEX Board of Directors has approved the renewal of the employment contract of Hong Kong Exchanges and Clearing Lim... Read more
Ripple Signs Its First Korean Regional Bank In Cross-Border Remittance Deal
Ripple, a blockchain-based enterprise solutions provider for traditional and digital finance, announced a partnership w... Read more