Hong Kong’s March home prices rise at the fastest monthly pace in 30 months, as city struggles to keep runaway market in check

//Hong Kong’s March home prices rise at the fastest monthly pace in 30 months, as city struggles to keep runaway market in check

Hong Kong’s March home prices rise at the fastest monthly pace in 30 months, as city struggles to keep runaway market in check

The prices of Hong Kong’s pre-owned homes rose 2.9 per cent in March from the previous month at the fastest monthly pace in almost three years, as the city’s government struggles for policy responses to keep runaway prices in check.The price index of pre-owned homes rose to 377.5 in March, according to the Rating and Valuation Department’s data. Prices have risen by 4.6 per cent in the first quarter of 2019, recovering from a 9.2 per cent decline from August to December last year. The last time…

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By | 2019-04-30T02:45:38+00:00 April 30th, 2019|Business|Comments Off on Hong Kong’s March home prices rise at the fastest monthly pace in 30 months, as city struggles to keep runaway market in check