HKMA Says New Home Supply to Fall This Year From Year Ago

Sept. 21 (Bloomberg) -- Hong Kong’s new home supply is expected to fall “slightly” this year from 2010, the Hong Kong Monetary Authority said in its half-yearly report today.

The housing market has showed “signs of weakening” recently on goverment measures and uncertainties in global economic outlook, it said.

To contact the reporter on this story: Sophie Leung in Hong Kong at sleung59@bloomberg.net

To contact the editor responsible for this story: Marco Lui at mlui11@bloomberg.net