Following the removal of all property cooling measures, the residential market saw a sharp rebound in April, with a total of 8,551 transactions recorded across the primary and secondary markets. This represents a 115% surge from the previous month and marks the highest number of transactions since October 2012, a 11.5-year high.
Meanwhile, Hong Kong’s private home prices have risen for the second consecutive month, reaching the highest level since December last year. In April, prices increased by 0.3% to 308.7, representing a slower rate of growth than in March, when prices rose by 1.8%.
In fact, the residential property price has declined by 0.83% year-to-date……
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