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Wed, 28 Apr 2021 14:00   Sandy Li

Hong Kong’s March price index for lived-in homes advances to 20-month high as property buyers return in droves to the market

Hong Kong’s lived-in home prices rose to a 20-month high in March with luxury flats recorded the sharpest growth as cash-rich investors and buyers turned bullish towards the outlook of the city’s property market.The price index for lived-in homes advanced by 0.8 per cent in March to 388.3, the highest since July 2019, according to figures from the Rating and Valuation Department on Wednesday.“The increase is driven by [demand for] luxury homes,” said Thomas Lam, executive director at Knight…

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