Hong Kong Real Estate News
Hong Kong
Despite Coronavirus, Worldwide Home Prices Uptick 5.6 Percent in 2020
International property consultant Knight Frank is reporting that urban house prices globally increased by 5.6% on average in 2020, up from 3.2% in 2019.
Turkey Enjoys World's Highest Annual Residential Price Growth
International property consultant Knight Frank is reporting this week that global residential prices are rising at their fastest rate in nearly three years. Prices increased by 5.6% on average in 2020, up from 5.3% in 2019.
Despite Covid, Asian Outbound Real Estate Investment Recovering in 2021
According to new research from global property consultant CBRE, Asian outbound commercial real estate investment volume declined 37% year-over-year to $30 billion in 2020, as Coronavirus-related obstacles including restrictions on travel and site inspections impeded purchasing activity.
Hong Kong's Office Market Still Impacted by Coronavirus Fears as Rents Slip in January
According to JLL's latest Hong Kong Property Market Monitor released today, the decline of office rents has slowly abated in January 2021, with net effective rents in the overall market dipping by 0.6%.
