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<Research>Citi Raises HK 2026 Home Price Growth Forecast to 8%, Expects Developers to Regain Growth Momentum
Recommend 18 Positive 38 Negative 8 |
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Citi Research published a research report saying that its previous forecast in October 2025 for a mere 3% increase in Hong Kong residential property prices in 2026 was overly conservative. The actual increase for the entire 2025 was 4.7%, and home prices have already risen by 1% since the beginning of 2026. The broker now revised its 2026 Hong Kong home price forecast from a 3% increase to an 8% increase, and expected further acceleration into 2027 under a multi-year upcycle. After bottoming out in 2025, Citi Research was more optimistic on its expected further recovery of Hong Kong homebuilders in 2026, supported mainly by home price upcycle: improving profit margins from new home sales and upside to net asset value (NAV); and new home sales volume at 6-year high and growing, etc.. Citi Research recommended SHK PPT (00016.HK), SINO LAND (00083.HK) and HENDERSON LAND (00012.HK). AASTOCKS Financial News Website: www.aastocks.com |
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