Senin, 10 September 2012

Hong Kong Bubble?: Hong Kong Residential Property Prices June 2012

Recently, the University of Hong Kong released their Hong Kong Residential Real Estate Series (HKU-REIS) indicating that, in June, the price of residential properties increased 1.18% since May and climbed 6.64% above the level seen in June 2011.

It appears that after a notable pullback in late-2011 prices are totally soaring with all measures continuing to rise notably each month.

The HKU-REIS is a set of property price indices constructed monthly using a “modified” repeat-sale methodology similar to that of the S&P/Case-Shiller indices yet suited to the Hong Kong property market.

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