Mainland China and Hong Kong property market 2016 second half forecasts
10 May 2016 (Hong Kong) – In Hong Kong, even with the threat of a significant US interest-rate hike diminishing, given the on-going Government cooling measures and large amount of future supply, potential homebuyers are expected to adopt a wait-and-see approach. Total home sales volume for 2016 is expected to drop to around 50,000. Meanwhile on the mainland, the residential market has started to improve in the first quarter of 2015, with a rebound in home prices. Home prices are expected to grow