Private Home Prices Reverse Downward Trend
"); jQuery("#212 h3").html("
"); });
2022-05-27 HKT 16:15
Share this story
Government data released on Friday showed private home prices have gone up slightly, after falling for three straight months.
The Rating and Valuation Department's home price index edged up 0.5 percent month on month in April.
Flats measuring under 1,075 square feet were 0.5 percent more expensive compared to March, while prices of homes bigger than 1,075 square feet were up 0.7 percent.
Overall, April home prices were still down nearly 1.8 percent compared to a year ago.
Rents remained unchanged on month after falling for six months but were 0.2 percent higher than a year ago.
US Stocks Rise On Hopes Of Pause In Rate Increases
Wall Street stocks finished solidly higher on Thursday, reflecting better sentiment on the US economy and a consensus vi... Read more
China's Financial Risks 'controllable': Regulators
The head of the National Financial Regulatory Administration on Thursday told a high-profile forum in Shanghai that the ... Read more
Banks Cut Yuan Deposit Rates, Could Boost Consumption
China's biggest banks on Thursday said they have lowered interest rates on yuan deposits, in actions that could ease pre... Read more
Cheese And Wine Put EU, Australia Deal In Peril
Australia on Thursday threatened to walk away from a blockbuster free trade deal with the European Union unless its prod... Read more
US Stocks End Mixed As Tech Shares Are Sold Off
Gains by industrial companies lifted the Dow on Wednesday, while weakness among technology shares pushed the Nasdaq deci... Read more
Amazon 'plans Prime Video Streaming Service With Ads'
Amazon.com is planning to launch an advertising-supported tier of its Prime Video streaming service, the Wall Street Jou... Read more