House Prices slowing at last...
This from Property website:
+ Prices on HK island dropped by 2 percent, versus 0,4% in the NT
+ Overall prices fell 0.3% in the week, versus -0.4% the week before
Ricacorp expects a surge in transactions this week, as buyers respond to some lower pricing,
which David Chan of Ricacorp expects to be 0.5% lower for the week.
NOTE: -0.4%, -0.3%, -0.5%, that's quite a string of falls.
Still the mass market is expected to make some good gains this year. Luxury not so much...