DBS: The benefits of interest rate cuts are offset by high inventory levels, and Hong Kong property prices are expected to remain flat until 2026
I'm PortAI, I can summarize articles.
DBS Bank expects Hong Kong property prices to remain flat until 2026 due to insufficient overall economic growth momentum. Although the Federal Reserve's interest rate cuts may stimulate trading, high inventory and an increase in residential supply of about 14% over the next two years will put pressure on the market. The economic outlook remains gloomy, the retail sector faces challenges, and geopolitical tensions exacerbate complexities. It is expected that the Hong Kong dollar interbank offered rate will drop to 2.88-3.38% in the first half of next year, and bank loans will turn to positive growth
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments