28.10.2010 - Hong Kong luxury home prices top their 1997 peak
From AFP: Hong Kong's luxury home prices have topped their pre-Asian crisis peak, data showed Wednesday, frustrating government efforts to cool one of the world's most expensive real estate markets. Average prices for homes of at least 100 square metres (1,100 square feet) are now 14 percent above what they fetched before the 1997 downturn, the Hong Kong Monetary Authority (HKMA) said..............................................Full Article: Source
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