Economic recovery drives total residential transactions to a 9-year high Home price expected to rise by 5% in the second half of 2021, and return to 2019 peak in Q3
- Written by Media Outreach
- Economic recovery in Hong Kong has driven residential transaction upsurge by 20% q-o-q, reaching a nine-year high and its peak since 2012
- New home supply over the next two years remains low at an average of about 19,100 units per year
- Home prices expected to rise by 5% in the second half of 2021 and return to June 2019 peak prior to social...