Optimistic Outlook for Hong Kong Property Market Amid Anticipated Rate Cuts, Says JPMorgan

Reported 1 day ago

JPMorgan suggests that the worst is behind Hong Kong's property market, predicting that interest rate cuts could spur investment in distressed assets and boost home sales. Despite challenges such as high unsold inventory and mortgage rates outpacing rental yields, there's hope for gradual recovery, with potential price rebounds expected by 2026, contingent on the performance of the Chinese economy.

Source: YAHOO

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