Home 禄 Business 禄 Real Estate
HK home deals dip
Source: Bloomberg News |
June 3, 2011, Friday
|
Print Edition
Print Edition
THE number of home transactions in Hong Kong fell for a fifth straight month in May as rising mortgage rates continue to dent buying sentiment.
The number of units that changed hands last month fell 12 percent from a year earlier to 9,681, according to a statement on the Land Registry website yesterday. The value of transactions rose 15 percent from a year earlier to HK$49.5 billion (US$6.4 billion), according to the release.
Rising mortgage rates from record lows in the city, where Savills Plc says is the world's most expensive place to buy an apartment, are underscoring concerns that the nearly 70 percent surge in home prices since the start of 2009 may not be sustainable.
The number of units that changed hands last month fell 12 percent from a year earlier to 9,681, according to a statement on the Land Registry website yesterday. The value of transactions rose 15 percent from a year earlier to HK$49.5 billion (US$6.4 billion), according to the release.
Rising mortgage rates from record lows in the city, where Savills Plc says is the world's most expensive place to buy an apartment, are underscoring concerns that the nearly 70 percent surge in home prices since the start of 2009 may not be sustainable.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
