Hong Kong’s Real Estate Deals Jump To 24-year High In First Half Buoyed By Upbeat Economic Sentiment | South China Morning Post
Hong Kong’s real estate market is gathering steam. Total transactions in Hong Kong’s property sector surged to a 24-year high in the first half, led by a bounce in residential assets, as investors piled into the market amid the economic recovery.The overall volume, including homes, commercial and industrial properties and car parking spaces, rose to HK$468.71 billion (US$60.4 billion) in the first six months, the most since HK$483.6 billion in the first half of 1997, according to data compiled…
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