Online Forex broker
In June, Hong Kong's red-hot home prices managed to extend their record-breaking run. However, the pace of surge slowed, thus underscoring the challenges the city's new leader experiences in taming prices in one of the most expensive property markets in the world.
In the ex-British colony, an apartment of less than 200 square feet costs $500,000, making the prospect of owning a home a chimerical dream for most residents.
In June, Hong Kong's home prices rallied 0.69% from May. That’s the smallest ascend since December 2016, according to data published by the Rating and Valuation Department on Monday. Evidently, from 2016 prices went up 21.6%.
The record prices emerged notwithstanding in May Hong Kong's Monetary Authority declared an eighth round of mortgage tightening measures to suppress sky-rocketing prices. Experts tell the given curbs could push more folks to non-bank lenders.
Carrie Lam, Hong Kong's new leader, has promised to drop home prices, which grew 9.3% from January to June in 2017.
In September, China's new home prices managed to surge at a firm tempo, backed by profits in smaller cities and demonstrating that the market was still resilient notwithstanding pressures from softer investment, a decelerating economy as well as…
In September, American home sales went down by the most for more than two years due to the fact that the housing market kept struggling notwithstanding strength across the broader American economy…
In September, Britain's authorities faced a smaller budget deficit than anticipated, although the improvement won’t probably help a lot to have minister Philip Hammond financed as he’s working on his annual budget…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
Your request is accepted.
A manager will call you shortly.
Internal error. Please try again later
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.
|
