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【World Property Journal】Hong Kong Residential Property Prices Drop Twelve Percent in 2022

【World Property Journal】Hong Kong Residential Property Prices Drop Twelve Percent in 2022

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In 2022, mass residential capital values fell 11.6% by the end of November 2022 to the lowest level since March 2018, while luxury residential capital values dropped 4.4% due to weak local demand, absence of non-resident buyers and ample completions.

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