Hong Kong Residential Prices May Fall 5%, May 3

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May 3 (Bloomberg) -- Jane Murray, head of Asia Pacific research at Jones Lang Lasalle Inc. in Hong Kong, talks about the outlook for the Asia's real estate markets. Hong Kong’s government sold land in one of the city’s most exclusive areas for less than analysts estimated, underscoring developers’ concerns that increased housing supply and slowing global growth may stall home prices. Murray speaks with Rishaad Salamat on Bloomberg Television's "On the Move Asia." (Source: Bloomberg)

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