Slower rise likely in Hong Kong home prices

The rise in private home prices in Hong Kong has moderated from the peak of 21.6 per cent year on year in June last year to 14.7 per cent year on year in May this year, according to Hong Kong's Rating and Valuation Department.
The rise in private home prices in Hong Kong has moderated from the peak of 21.6 per cent year on year in June last year to 14.7 per cent year on year in May this year, according to Hong Kong's Rating and Valuation Department.PHOTO: AGENCE FRANCE-PRESSE

Unaffordability, govt cooling measures will slow down pace in second half: Analysts

Hong Kong's red-hot property market is expected to cool in the coming months with the increase in private home prices projected to slide in the second half of the year.

Private home prices in the city have tripled in the past decade, making it one of the world's most expensive places to buy a home.

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A version of this article appeared in the print edition of The Straits Times on July 19, 2018, with the headline 'Slower rise likely in HK home prices'. Print Edition | Subscribe