Low interest rate environment has not changed

As always, the banks in Hong Kong, as expected by the market, added P (best interest rate) for the first time in 12 years, but the increase was moderate. The four major banks were only “symbolic” plus one-eighth of a percentage point. The low interest rate environment has not changed. Good news helps new sales.

The US Federal Reserve announced a quarter of a rate hike yesterday morning. Hong Kong took the lead in raising the best interest rate by one-eighth of a percentage point last morning. Hong Kong and small banks followed suit, and the four major banks all increased their P (one in eight).), only the overseas Chinese Yongheng P plus a quarter of a cent, the general increase is smaller than the market expectation, with 1 million yuan for the floor, repayment for 25 years, after raising interest rate by 8%, the monthly supply is 60 Diversified, the pressure on the building is quite slight.

The increase is mild and the news is good.

Although the market expects the United States to raise interest rates once again this year, it will raise interest rates three to four times next year. However, it is widely expected that Hong Kong may not follow the pace of interest rate hikes in the United States, and even if the rate hike will be moderate, it can be expected that Hong Kong will have low interest rates. The environment will continue for a while.

Despite the interest rate hike cycle in Hong Kong, the news has been digested by the market. The current increase is mild, but it eliminates market doubts. The profit is turned into good news. The prospective buyers who have been holding a wait-and-see attitude have not ruled out the re-entry into the market. It will also take the opportunity to speed up the sales of new discs and will absorb the purchasing power through the preferential mortgage scheme, first in the high-priced bulk cargo in the property market.

In fact, there are still many uncertainties in the market. On the 10th of the following month (Wednesday), the Government will announce a new policy address, or the launch of a new housing policy, and the impact of the Sino-US trade war on Hong Kong’s economy. This will affect the property market trend and the developer will promote the market. It is a wise move.