HK home prices hit record high for fifth straight month
Latest data shows March prices rising 2.07 per cent month on month and 17.8 per cent year on year
Hong Kong
PRIVATE home prices in Hong Kong, one of the least affordable places in the world, hit a record high for the fifth month in a row in March, extending their year-long surge, according to government data released on Friday.
Cooling Hong Kong's red-hot property market will be one of the top priorities for incoming leader Carrie Lam, who takes office in July and has vowed to tackle the city's high housing costs.
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