Relevant:
- Hong Kong Residential Property Prices Rise to 13-Year High, Centaline Says
- Hong Kong To Boost Home Sales, Favor Locals As Prices Surge
- Hong Kong Is World's Most Expensive Place to Buy Home on Property Shortage
- Hong Kong Taxing Homebuyers in Bubble Fight: Mortgages
- China's Regulators Plan Tighter Control of Funds Into Property
2012-09-17 — bloomberg.com
The curbs came after the Hang Seng Property Index completed a six-day, 11 percent rally on optimism the Fed's QE3 program would fuel inflows to the city, which tracks U.S. monetary policy because of a currency peg to the dollar. Record low mortgage rates, an influx of buyers from other parts of China and a lack of new supply have underpinned the housing market, prompting Hong Kong Chief Executive Leung Chun-ying to announce plans in the past month to accelerate land sales and give preference to local buyers in some projects.
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.