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Real Estate Briefing - Categorized | Asia Pacific, Finance, Performance more

Asia Pacific region enjoys residential market price increases despite economic slowdown

Posted on 06 November 2012

In a puzzling scenario, some Asia Pacific countries are seeing prices rising in their home markets despite a global economic slowdown, according to the latest edition of Knight Frank’s Asia Pacific Residential Review compiled by Nicholas Holt. His findings were posted in an online press release.
Hong Kong is seeing its strongest quarterly growth since third quarter 2009. Quarter on quarter price growth jumped from 1.8% to 8.4% in Q2 in the Hong Kong residential market as sentiment improved and pent-up demand drove up transaction volumes, according to the report………………………………………..Full Article: Source


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