Wealth Effect Sends S&Ps Surging 66% y-o-y in January and February, and expected to jump to 74% y-o-y in Q1
Home Prices Expected to Rise by 5% in Q2 Residential market remained most active with total transactions rising by 69% y-o-y for January and February combined, and expected to jump by 73% y-o-y in Q1 Investment into non-residential properties continues pickup commencing in Q4 2020, with retail and industrial properties remaining most favoured HONG KONG SAR – Media OutReach – 11 March 2021 – Strengthened market sentiment helped boost Hong Kong real estate market growth in Q1, unleashing pent-up demand and transactions in both residential and investment markets. The wealth effect was a...