Hong Kong: 54% of the respondents intends to enter the market

Hong Kong property market survey published in the second quarter of 2017, the public expected the second half of the stable development of property prices, more than half of the respondents that will consider this year into the market, reflecting the public home business mentality strengthened.

The second half of the property prices rose about 5%

Hong Kong home buyers surveyed 538 questionnaires in the form of questionnaires this month. Among them, 290 respondents said they were considering entering the market this year, accounting for 54% of the total, up from 15.7% in the first quarter of this year. Since the second quarter of 2016 record since the 5 season high, reflecting the public into the mentality of the market strengthened.

Hong Kong property chief executive Li Zhicheng said that Hong Kong banks did not follow the US rate hike, interest rates remain low, the market is still home buyers demand. While the future supply of new limited, enhance the public confidence in the property market.

Lee also said that this year the property market boom, the first half of the year so far the overall residential registration of a total of 29,648 cases, involving the amount of about 262 billion yuan. And the total turnover of one hand has more than 100 billion yuan, the first half of the total up to 132 billion yuan, a record since the record turnover of six months a new high. And sales in the first hand strong, the second half of nearly 13 million new disk supply, material purchasing power is still dominated by the new disk market is expected to be registered in the same year the amount of one hand will be broken 20,000; and property prices, the rally will be slower than the first half , The second half of the year rose about 5%, while the annual property prices will rise more than 1 percent.