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Hong Kong’s home prices set to hit new record in one or two months as property buyers shrug aside talk of emigration

Last updated on July 15, 2021

US investment bank JPMorgan said emigration has had little effect on Hong Kong’s housing market, and that home prices were on course to hit a new record in one month or two.

“The chances of breaking the record are very high, because home prices are just 1 per cent to 2 per cent from their peak,” said Cusson Leung, head of Asia property research at JPMorgan, in a note. Leung also said he expected prices will . . .

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