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“Ten-year bull run for Hong Kong’s property market has ended”

THE WIRE WITH UP-TO-THE-MINUTE UPDATES

Hong Kong, as the world's least affordable housing market for 8 straight years, is witnessing home sales and prices falling, potential buyers reducing, sales of luxury properties tumbling and more and more property agents required to take leaves.

Some say "the 10-year bull run for the real estate market has officially ended" and another 15 per cent drop at least is expected by the end of the next year.

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