Hong Kong Real Estate Prices Have Budged - But Only A Little - as of 3rd Qtr. 2019

On a monthly basis, Hong Kong Real Estate Prices have started showing some declines. But the declines are minimal. They have not reached correction levels of 10% or more.

But on a year-on-year basis, prices have merely flattened.

Even by class, prices have flattened.

And the most expensive class, Class E (>160 sq. m.), has declined the most but have not reached the magnitudes of past declines.

Hong Kong House Prices Haven't Budged - Yet

How low can Hong Kong Property Prices Go? Some Clues from the Not Too Distant Past.

Hong Kong House Prices Haven't Budged - Yet

But the data is only up to the second quarter of 2019. And the protests only started on a massive scale in the middle of June 2019.


Source: Hong Kong Rating and Valuation Department