Tue, Oct 21, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Finance, Mortgage, Regulatory more

Hong Kong lowers ceiling on property loans

Posted on 14 June 2011

Hong Kong’s de facto central bank tightened mortgage lending again Friday and for the first time toughened lending standards for nonlocals, as it works to tame a property boom fueled in part by demand from mainland China.

Average home prices jumped 24% in 2010 and 30% in 2009, pushed by abundant liquidity, record-low interest rates and a flood of investors from the mainland. The government has been increasing land supply and implementing other measures to temper prices, though results so far have been mixed……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« May    
 12345
6789101112
13141516171819
20212223242526
2728293031