No roaring start to Year of the Tiger for Hong Kong home sales, say analysts

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3 years ago

No roaring start to Year of the Tiger for Hong Kong home sales, say analysts

The Year of the Tiger does not herald a roaring start for Hong Kong’s housing market, according to analysts.The omicron strain of coronavirus currently plaguing the city and the spectre of interest rate increases are likely to dampen sentiment in the early stages of the Lunar New Year.The Centa-City Leading Index (CCL), a gauge of lived-in home prices compiled by Centaline Property Agency, will fall about 2.1 per cent by the end of February, said Wong Leung-sing, senior associate director of…

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