Comments() 
Print 
Mail 
Large Medium Small
Hong Kong home prices are expected to rise 5 percent as a result of quantitative easing measures rolled out by the US, real estate consultancy Colliers International said in a report on Wednesday.
By virtue of a correlation between US bond yields and Hong Kong residential property prices, a 2 percent rise in the Chinese territory's residential prices is anticipated for every 10 basis point reduction in US bond yields, the report said.
Based on this, Colliers International predicted a 5 percent rise in prices over the next 12 months.
The Hong Kong Monetary Authority's lowering of loan-to-value rations from 50 percent to 40 percent on second residential properties will help to cool market sentiment, the report added.
Washington to remain focused on Asia-Pacific
RQFII target blue chips amid bear market
Australian recall for top two exporters
China fears new car restrictions
Copyright 1995 - 2010 . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
