Caixin
Oct 09, 2016 03:19 PM
PROPERTY

Hong Kong Property Market Rebounds as Investors Shake off Economic Jitters

Photo: Visual China
Photo: Visual China

(Hong Kong) — Hong Kong's property market has made a strong comeback since the second quarter after bottoming out earlier this year, as homebuyers and developers regain confidence in the local economy.

More than 7,800 homes worth HK$56 billion ($7.2 billion) were sold in September, up from 5,821 units in August, according to data from the Hong Kong Land Registry.

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