Hong Kong’s secondary home prices fall by the most in 14 months in October as banks turn cautious …

hong kongs secondary home prices fall by the most in 14 months in october as banks turn cautious on valuations

Sumary of Hong Kong’s secondary home prices fall by the most in 14 months in October as banks turn cautious on valuations:

  • Hong Kong’s lived-in home prices dropped by the most in 14 months in October after peaking in August, with buying sentiment cooling as banks become more cautious in valuating property.
  • It was the sharpest drop since August 2020 when it retreated by 0.88 per cent, according to property consultancy Knight Frank.

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