Wu Cheng Hong Kong property prices continued to rise

Yesterday, GoHome.com.hk announced that the “2017 second half of the Hong Kong real estate market outlook survey” results, 91% of respondents believe that property prices are too high, and 65% of the past five years, the property market “Hot strokes” failed to effectively curb property prices, but there are still five adults that property prices will continue to rise. DTZ Debenham Tie said that the third quarter of this year, residential turnover fell, especially second-hand market transactions quiet, some buyers to wait and see.

However, the Financial Secretary, Mr Chan Man-cheung, reminded the public of the interest rate or trend of normalization when accepting Bloomberg’s visit. Therefore, the public should be very careful to buy and to measure the affordability of the mortgage. It is expected that in the next three to four years, the Government expects the future housing supply to reach 98,000.

More than 90% of people feel high prices

The survey conducted by GoHome.com.hk visited 2993 members of the public from different ages and income groups. 91% of the respondents said that the existing property prices were too high for the REA Group (Hong Kong) Integrated Marketing Marketing Director, % Of the respondents believe that the Government’s past five years of property market “hot strokes” failed to effectively curb property prices, 83% of the respondents to the former Chief Executive Liang Zhenying housing policy dissatisfaction, but the public on the Secretary Lin Zheng’e e’s housing policy to give an average of 4.5 Points, 50% of the respondents expected to continue to rise in property prices, but 57.5% confidence in the new management team property market measures can effectively stabilize property prices. There are 66% will consider the market into a new background in the background.

DTZ Debenham Tie Leung: interest rates change little property on the strong

In addition, Tai Leung Liang, vice president of Greater China and strategic development consultant director Tao Ruhong refers to the economic outlook is optimistic about the purchasing power of a major support. The unemployment rate fell to 3.1% this year from 3.4% in the same period last year, with little change in interest rates and positive factors for home ownership. He is expected to property prices to the end of the year is still strong and then up 5%.

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