Covid-19 seems cannot stop Hong Kong home prices rise for 13th year in a row

2022/01/27

Supported by robust demand and economic recovery, Hong Kong private home prices, among the most expensive in the world, were up 3.3% in 2021, the 13th consecutive annual increase, official data showed on Thursday. Although December saw the third month of declines in a row, with prices down 0.2% as the property market consolidated after reaching a record high in September. A sharp downfall in luxury home prices occurred and underperform that of tiny flats.