Hong Kong property prices drop considerably

Note: This section contains information in English only.
Source: Bloomberg
Property prices in Hong Kong will lose as much 25% in the nearest future, as supply rises on significant increase of construction pace, while Bank of America experts see a possible advance of interest rates. From the overall drop of 25% only 5% will take place this year, but in 2014 prices will slump by additional 15%. Since March Hong Kong property has already become cheaper by 3%.
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