Skip to content
Subscriber Only
Business
Pursuits

Hong Kong Home Sales Tumble 70% as Slowdown Intensifies

  • Sales of apartments sunk to a 25-year low in February
  • February sales of 1,807 compared with 6,027 a year earlier
Video player cover image

Hong Kong Residential Sales Plunge 70% in February

Updated on

Hong Kong residential home sales plunged 70 percent in February from a year earlier to a 25-year low, as falling prices and economic uncertainty deterred buyers.

Last month, 1,807 homes were sold in Hong Kong, compared with 6,027 a year earlier, according to government statistics. Home sales fell from 2,045 in January, the data show.