Hong Kong real estate prices could fall 25-30% over the next two years, and that's the good...

|By:, SA News Editor

Hong Kong real estate prices could fall 25-30% over the next two years, and that's the good news, write analysts at Barclays. In a "hard landing" scenario, prices could collapse 35-45%. The process may be under way, with transactions falling for 9 consecutive months and prices off 3% from June-August amidst rising mortgage rates and government policies aimed at cooling the property market.