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HK property market begins to adjust under gov’t cooling measures

Posted on 02 May 2013

The second-hand home sales in Hong Kong are picking up slightly recently after an unusually sluggish transaction volume in March, with property owners axing prices to entice home buyers.
The transaction volume of the city’s secondary residential properties plunged to around 2,300 in March, the lowest monthly volume in almost 10 years compared with the 2,135 during the SARS outbreak in 2003, according to the data provided by Centaline Property Agency Limited………………………………………..Full Article: Source


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