Hong Kong Home Sellers Cut Asking Prices as Surge Ends

395 views · Published 18 August 2011 · 1:35 · Indexed 23 September 2026

Channel: Bloomberg Originals · 2011 · Entertainment

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Aug. 18 (Bloomberg) -- Bloomberg's Paul Allen reports on the outlook for Hong Kong property prices.
     Hong Kong home values, which surged 70 percent in the past two-and-a-half years and outperformed stocks, are set for their biggest decline since Lehman Brothers Holdings Inc. collapsed in September 2008 as land supply increases and global growth slows. (Source: Bloomberg)

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