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Hong Kong home prices drop to the lowest in nearly five years — and the worst may not be over

Por: CNBC Business December 07, 2022

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View of the Hong Kong skyline from Hong Kong Island.Ingo Schulz imageBROKER Getty ImagesPrices of Hong Kong's residential properties plunged to a near five-year low as rising interest rates and a mass exodus of expat workers drove down prices in .And industry insiders warn that the worst is yet to come.fell 2.4% to 352.4 compared to the previous month, marking the lowest level for the gauge since November 2017.According to a Natixis report,... + full article



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