Hong Kong’s home sales flop for a second consecutive weekend as worsening US-China relations give buyers more cause for pause

//Hong Kong’s home sales flop for a second consecutive weekend as worsening US-China relations give buyers more cause for pause

Hong Kong’s home sales flop for a second consecutive weekend as worsening US-China relations give buyers more cause for pause

Hong Kong’s home sales flopped for the second consecutive weekend, as an unexpected deterioration in US-China relations gave investors reason to postpone making long-term financial commitments.Two flats were sold out of 104 units on offer in three districts across the city, marking the worst sales weekend for developers since the city emerged from its five-month price correction in January.Wang On Properties managed to sell two of the 86 flats at its Maya by Nouvelle project in Yau Tong as of 5…

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By | 2019-05-25T13:42:19+00:00 May 25th, 2019|Business|Comments Off on Hong Kong’s home sales flop for a second consecutive weekend as worsening US-China relations give buyers more cause for pause