News: 2024.03.22
According to the latest data, Hong Kong’s second-hand property prices increased by approximately 0.6% on a weekly basis, ending three consecutive weeks of decline. This data has rekindled confidence in the real estate market and investors are excited.
The rise in second-hand property prices has attracted widespread attention in the market, and many experts and analysts have interpreted it. Some believe this rise is only temporary, while others believe it could be a turning point that heralds a new phase for the market.
Some real estate experts pointed out that the rise in second-hand property prices may be related to a series of real estate policies recently introduced by the government. The implementation of these policies has made the market supply tight, which in turn has promoted the rise in housing prices.
What does the rise in second-hand property prices mean for investors? Experts advise investors to remain vigilant and not to blindly follow the trend. In times of high market volatility, it is wise to err on the side of caution.