Ka Liu, Head of Advisory Support at Citibank (Hong Kong), predicted that Hong Kong home prices may move sideways in 2H25, and that a sustainable recovery will only come once the long-term supply-demand balance improves. In his estimate, transaction volumes by 2027 will surpass the number of newly completed units in the same year. Liu also mentioned that a broad-based rebound in investment demand may still take time, as such demand is more closely tied to home price expectations and stable long-term interest rates.Related NewsG Sachs Lifts HKEX's TP to HKD544; Mkt Underestimates Southbound Trading ActivityMeanwhile, some Citi analysts forecasted that the ultra-luxury property market may continue outpacing the broader market following Hong Kong's latest Policy Address, which intends to optimize the Capital Investment Entrant Scheme.