02 Jan Hong Kong home prices to erode another 10% in 2024 as impact of expected interest-rate cuts will take time: Citigroup
Posted at 10:30h
in Asia
Hong Kong’s home prices will drop another 10 per cent in 2024 as a looming supply glut and high interest rates continue to suppress investment sentiment even though the local stock market may rebound by midyear, according to Citigroup.The US Federal Reserve will start cutting...