17 July 2017
Hong Kong Property Market Monthly Report - July 2017
- In the Grade-A office leasing market, Central continued to outperform, while Causeway Bay and Wan Chai faced increasing competition from Wong Chuk Hang.
- Home sales rebounded slightly in June, as the impact of the cooling measures faded. However, home prices are expected to rise at a slower pace amid interest-rate rises and increasing supply.
- The retail market recovered further. The speed of the continued recovery will depend to some extent on government steps to strategically boost visitor arrivals and retail sales.
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