Hong Kong home foreclosures rise and will remain elevated in fourth quarter: Centaline

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Hong Kong home foreclosures will remain elevated in fourth quarter: Centaline.

Sentiment in the property market has seen a resurgence of late and transactions have increased thanks in part to favourable support measures in Chief Executive John Lee Ka-chiu’s recent policy address, according to Roen Yeung Ming-yee, senior associate director at Centaline.

The third quarter’s foreclosure tally was the second-highest in the past eight quarters, it said.

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Article Details

Author / Journalist: Salina Li

Category: Business

Markets: Hong Kong

Topics: Centaline Third Hong Million Quarters Added Cent Transactions Property Foreclosures Kong

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-30 @ 11:18:32 (3 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 248 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23369451

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