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All signs point to a recovery firmly taking hold in Hong Kong’s housing market

Hong Kong’s home sales remained above the 5,000 level for the sixth consecutive month in August, further strengthening the view that the city’s residential property market may have bottomed out. A total of 5,291 homes were transacted last month, according to data from the Land Registry on Tuesday, continuing a run above 5,000 that started in March. While the volume fell 8.2 per cent compared with 5,766 in July, it was nearly 45 per cent higher than a year ago. In the first eight months of the...


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