Hong Kong’s lived-in
home prices fell for a fourth straight month in March, dragging a key market indicator to the lowest level in more than eight years, as the threat of a global tariff war stoked economic uncertainty and sapped investment appetite.
Prices in the secondary market declined 0.49 per cent last month, according to an index published by the Rating and Valuation Department on Monday, following a 0.56 per cent setback in February. The index has retreated a cumulative 1.7 per cent for the quarter to the level last seen in July 2016
Since the city’s housing market peaked in September 2021, prices of lived-in homes have slumped by 28.6 per cent as social unrest and the Covid-19 pandemic sent the local economy into a recession.
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