Home Prices in China, as measured by Shanghai Home Prices, have recently begun to plateau, signifying a possible slowdown in the real estate sector for 2017.
Hong Kong Home Prices have resumed their upward trend after dipping in 2016 and have hit new highs as of the first quarter of 2017.
Both real estate markets have surpassed their inflation adjusted levels by a very wide margin.
What happens next is anyone's guess. Stay tuned.
How low can Hong Kong Property Prices Go? Some Clues from the Not Too Distant Past.
After a 10% Market Decline in Late 2015 to Early 2016, Hong Kong Home Prices Resume Their Relentless Upward Trend in late 2016