Hong Kong property upswing poised to hold despite interest rates risk: Moody’s
Moody's has indicated that the property market in Hong Kong is likely to continue its upward trend despite potential risks from rising interest rates. The agency believes that demand for housing will remain strong, supported by factors such as population growth and limited supply. However, the situation remains sensitive to changes in monetary policy and economic conditions.
- ▪Moody's forecasts a continued upswing in Hong Kong's property market.
- ▪The demand for housing is expected to be driven by population growth and limited supply.
- ▪Rising interest rates pose a risk to the property market's stability.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at South China Morning Post.