Dai De Liang line: property prices rose again during the year 5%

According to DTZ Debenham Tie Leung, Hong Kong’s annual economic growth forecast is raised, the unemployment rate is low, the economy is optimistic and support for purchasing power is expected to rise by about 5% at the end of the year.

Mr Tung said that the economic growth forecast for Hong Kong in 2017 was raised to 3% to 4%, reflecting the economic outlook, with the unemployment rate continuing at 3.1% low and the low interest rate continued. , Will support the purchasing power of the property market, it is estimated that property prices are still expected to rise by 5% at the end of the year, accumulative accumulated 15% to 20% this year. As the developers continue to push tax concessions and other concessions, is expected to deal sideways new orders, the proportion is expected from the previous average of 20% per month, rose to 30% to 40% level, second-hand to maintain quiet.

Large volume of transactions in the next quarter continued to decline

In the third quarter of this year, the market recorded more than 56 large transactions with more than 100 million transactions, involving turnover of about 21.9 billion yuan, compared with the previous quarter 82, the amount of 27.6 billion yuan compared to the number of cases, Mainly involved in a number of office transactions, the Hong Kong Investment and Advisory Services Executive Director Gao Weixiong refers to the market is brewing landmark property transactions, the owners reluctant to sell, expected the fourth quarter of large number of transactions continued to decline, involving silver code to maintain similar.

For the government to push the first set on the car, Tao Ruhong that is a good measure, but the object does not overlap with the private building, I believe that the private property prices have little effect, conducive to the healthy development of the property market, and developers will adjust the market strategy