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<HK Home>Colliers Foresees Rate Cut to Further Unleash Purchasing Power; HK Homes Prices Expected to Rise 3-5% Next Yr
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The interest rate cut will keep an upbeat outlook alive for Hong Kong's residential property market, Elliott Hau, Senior Director & Head of Financing Valuation of Valuation & Advisory Services of Colliers Hong Kong. Since April 2025, local property prices have begun to recover from the year-to-date decline and have shown a moderate uptrend. By October, the property price index reached a 15-month high, up 3.3% from the March low. Although there is limited room for further reductions in Hong Kong's prime rate, the talent immigration policy and demand from overseas students have solidified a stable price foundation for Hong Kong's residential and rental markets. The interest rate cut will further unleash purchasing power. It is predicted that property prices will rise by 3-5% by 2026. AAStocks Financial News |
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