Hong Kong Property Market’s Mini-Recovery Ends as New Home Prices Drop Below 2015 Levels

Hong Kong Property Market’s Mini-Recovery Ends as New Home Prices Drop Below 2015 Levels
A picture of the area around Mount Nicholson which is one of the most expensive luxury residential lots in Hong Kong. Anthony Wallace/AFP via Getty Images
Julia Ye
Updated:
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Analysis

Responding to the significant decline in the property market in recent years, the Hong Kong authorities lifted all so-called spicy measures earlier this year, leading to an initial sharp increase in real estate transactions.

Julia Ye is an Australian-based reporter who joined The Epoch Times in 2021. She mainly covers China-related issues and has been a reporter since 2003.