The Relentless Climb of the Hong Kong Real Estate Market
In the third quarter of 2017, the Hong Kong House Price Index rose by 1.83% quarter-over-quarter. On a year-over-year basis, the index rose by an astounding 17.65%.
The gains have been broad-based., spread out through all classes. The gains in Class A residences (less than 40 sq. m. in size) have out-sprinted the gains all other classes. Gains in Class E residences (greater than 160 sq. m. in size) are 30% lower than those of Class A.