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Hong Kong Home Prices Tick Up for 13th Month
29 Jul
Summary
- Hong Kong private home prices saw a 0.3% increase in June.
- This marks the 13th consecutive month of rising property values.
- The rate of price increase slowed down in June.
Private home prices in Hong Kong have experienced a continuous rise for the thirteenth consecutive month. In June, the latest available data revealed a modest increase of 0.3% in property values.
This sustained upward trend, while positive, indicates a deceleration in the pace of growth compared to previous periods. The figures were released by the Rating and Valuation Department, providing insight into the ongoing property market dynamics.
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