| 02.02.2012 - Luxury home prices in Asia expected to slide further |
| Prices of luxury homes in eight key Asian markets are expected to slide further this year as the impact of new government cooling measures become more visible. In the latest Asia Pacific Residential Index by property consultancy firm Jones Lang LaSalle, prices of high-end homes in Hong Kong fell the most - dropping by 3.3 per cent in the fourth quarter - while those in Shanghai declined by 0.5 per cent from the third quarter...............................................Full Article: Source |