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<HK Property>S&P Forecasts HK Home Prices to Rebound 5-8% This Yr on Release of Pent-up Demand
Recommend 22 Positive 50 Negative 22 2023/03/29 13:19
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Following the removal of pandemic restrictions and complete border reboot with Mainland China, the residential property prices in Hong Kong could rebound by 5-8% in 2023, partly mitigating the 16% decline in 2022, S&P Global Ratings' global analyst Edward Chan expressed. The recovery of the housing market is driven by the release of pent-up demand, as potential homebuyers rebuild their confidence on the back of the improving economic outlook, Chan elaborated. AAStocks Financial News |
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