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November saw a 3% drop in Hong Kong's home prices, the lowest since August 2017

November saw a 3% drop in Hong Kong's home prices, the lowest since August 2017

Posted on January 3, 2023   |  

November's decline in home prices came after a revised 2.7% drop in October and in the first 11 months of the year, home prices in Hong Kong fell by 13.8%.

Transaction volume for the year will see a drop to a decade low but it could rebound next year as authorities lift traveling bans in China.