Banks adjust Hong Kong property price forecasts, smaller decreases expected

Posted: Jul 16 2014Last Updated: May 15 2025
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12 July 2014 - JP Morgan and Bank of America Merrill Lynch have revised property price forecasts for the year. A decrease of 5% is now expected, comparing favourably against the respective 25-30% and 10% decreases previously predicted. This is a result of delayed US interest rate changes and a smaller than expected effect on secondary prices created by newly launched developments. For the full article on SCMP, click here.

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