Hong Kong Real Estate Market Rebounds in September
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Insights by Echo AI
The Hong Kong real estate market experienced a rebound in September, with a significant increase in transactions. A total of 6438 floor transactions were recorded, up over 11% from the previous month, ending two months of decline. This includes 4761 residential floor transactions, which also saw a significant monthly increase of approximately 18.5%. The rebound was attributed to positive responses to new developments, banks' willingness to provide mortgages, and other favorable factors.
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