UBS Sees Hong Kong Home Prices Flat After 13.4% Rebound as 4 Risks Threaten Recovery
Updated
Updated · South China Morning Post · Aug 17
UBS Sees Hong Kong Home Prices Flat After 13.4% Rebound as 4 Risks Threaten Recovery
1 articles · Updated · South China Morning Post · Aug 17
Summary
Hong Kong home prices are likely to stay flat in coming months, with UBS saying the market’s recovery in both prices and rents will moderate rather than extend.
Four risks underpin that view: AI-driven disruption, slower population inflows, deeper Greater Bay Area integration and new-home supply from the Northern Metropolis.
Secondary home prices had fallen 28.4% from their September 2021 peak to a trough in March last year, then recovered 13.4% from that low, government data showed.
Rents have been stronger than prices, hitting fresh highs for an eighth straight month as of June, suggesting leasing demand is still holding up even as UBS warns the broader upturn may lose momentum.