Record High Home Sales Signal Recovery in Hong Kong Property Market

By
Hiroshi Yamamoto
1 min read

In a promising turn of events, Hong Kong's new home transactions in March soared to an 11-year high, offering much-needed hope to the struggling property market following the government's decision to remove cooling measures. The period witnessed approximately 4,200 sales, marking a significant surge that was over 14 times the figures from the previous month, as reported by real estate agent Midland Realty. This upturn in home sales not only reflects the resilience of the housing sector but also hints at the potential recovery on the horizon for Hong Kong's property market.

This article is submitted by our user under the News Submission Rules and Guidelines.The cover photo is computer generated art for illustrative purposes only; not indicative of factual content.

Subscribe to our Newsletter

Get the latest in enterprise business and tech with exclusive peeks at our new offerings