Hong kong prices slump by half

Hong Kong residential property transactions have plummeted by over 50 per cent in a year according to figures from the Land Registry.

The number of deals were completed for 4,643 homes valued at HK$27.6 billion in the city-state during October…down 12 per cent on a month previous and 52 per cent year-on-year.

Source: OPP.org.uk