Hong Kong June home prices fall to the lowest in 18 months
Wednesday, July 27, 2022
© Reuters. An aerial view shows Choi Hung public housing estate and other residential buildings with the Lion Rock peak in the background, in Hong Kong, China June 3, 2021. Picture taken June 3, 2021 with a drone. REUTERS/Joyce Zhou HONG KONG (Reuters) - Hong Kong private home prices fell at a faster pace in June and dropped to the lowest since December 2020, official data showed on Wednesday, as homebuyers stayed on the sidelines due to an uncertain outlook and rising interest rates.
Home prices in one of the world's most unaffordable housing markets slipped 1.1% last month from a month earlier, compared with a revised 0.2% decline in May.
Rates in Hong Kong tend to move in lockstep with U.S. rates, as its currency is pegged to the greenback, although they have lagged their U.S. equivalents in recent months.
But the market expected major banks in the city would likely raise their best lending rates this week, if the U.S. Federal Reserve raises rates sharply as expected later on Wednesday.
One month Hibor - the Hong Kong Interbank Offered Rate, a benchmark used for pricing mortgages - last week rose to its highest since May 2020.
"A rise in interest rates will affect housing transactions in the short term," said Martin Wong, Greater China head of research & consultancy at Knight Frank, adding that it would have more of a psychological impact rather than an actual impact of lowering buyers' repayment ability.
Home prices in the financial hub have dropped 3.4% so far this year.
Hong Kong's economy buckled this year under some of the world's most stringent restrictions to contain COVID-19 outbreaks but sentiment improved after the city eased most of the measures and there were waves of new development launches.
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19-08-2022 16:02:17 (UTC+7)
EUR/USD
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EUR/USD
1.0089
+0.0001 (+0.01%)
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GBP/USD
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USD/JPY
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+0.58 (+0.43%)
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Buy (1)
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AUD/USD
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-0.0008 (-0.11%)
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Buy (7)
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USD/CAD
1.2976
+0.0029 (+0.22%)
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EUR/JPY
137.68
+0.60 (+0.44%)
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EUR/CHF
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+0.0006 (+0.07%)
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Gold Futures
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Silver Futures
19.148
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Copper Futures
3.6225
-0.0090 (-0.25%)
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Crude Oil WTI Futures
89.27
-1.23 (-1.36%)
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Brent Oil Futures
95.27
-1.32 (-1.37%)
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Natural Gas Futures
9.078
-0.110 (-1.20%)
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US Coffee C Futures
216.25
+1.45 (+0.68%)
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Buy (8)
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Euro Stoxx 50
3,746.85
-30.53 (-0.81%)
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Indicators:
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S&P 500
4,283.74
+9.70 (+0.23%)
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Sell (6)
Indicators:
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Sell (8)
DAX
13,573.65
-123.76 (-0.90%)
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Indicators:
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FTSE 100
7,530.01
-11.84 (-0.16%)
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Hang Seng
19,773.03
+9.12 (+0.05%)
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Buy (1)
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US Small Cap 2000
2,000.73
+13.41 (+0.68%)
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IBEX 35
8,346.30
-84.00 (-1.00%)
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Sell (2)
BASF SE NA O.N.
43.278
-0.162 (-0.37%)
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↑ BuyMoving Avg:
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Sell (0)
Indicators:
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Sell (0)
Bayer AG NA
53.27
-0.79 (-1.46%)
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↑ BuyMoving Avg:
Buy (8)
Sell (4)
Indicators:
Buy (6)
Sell (0)
Allianz SE VNA O.N.
175.49
-3.03 (-1.70%)
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SellMoving Avg:
Buy (4)
Sell (8)
Indicators:
Buy (2)
Sell (4)
Adidas AG
165.87
-1.65 (-0.98%)
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↑ BuyMoving Avg:
Buy (8)
Sell (4)
Indicators:
Buy (6)
Sell (2)
Deutsche Lufthansa AG
6.288
-0.278 (-4.23%)
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↑ SellMoving Avg:
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Sell (12)
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Siemens AG Class N
109.26
-1.00 (-0.91%)
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BuyMoving Avg:
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Sell (4)
Indicators:
Buy (5)
Sell (2)
Deutsche Bank AG
8.584
-0.284 (-3.20%)
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BuyMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (6)
Sell (1)
| EUR/USD | 1.0089 | ↑ Buy | |||
| GBP/USD | 1.1896 | ↑ Buy | |||
| USD/JPY | 136.46 | ↑ Sell | |||
| AUD/USD | 0.6910 | ↑ Buy | |||
| USD/CAD | 1.2976 | ↑ Sell | |||
| EUR/JPY | 137.68 | ↑ Buy | |||
| EUR/CHF | 0.9659 | Neutral |
| Gold | 1,767.25 | Neutral | |||
| Silver | 19.148 | Buy | |||
| Copper | 3.6225 | Neutral | |||
| Crude Oil WTI | 89.27 | Neutral | |||
| Brent Oil | 95.27 | Buy | |||
| Natural Gas | 9.078 | ↑ Sell | |||
| US Coffee C | 216.25 | ↑ Buy |
| Euro Stoxx 50 | 3,746.85 | Buy | |||
| S&P 500 | 4,283.74 | Sell | |||
| DAX | 13,573.65 | ↑ Buy | |||
| FTSE 100 | 7,530.01 | ↑ Buy | |||
| Hang Seng | 19,773.03 | Neutral | |||
| Small Cap 2000 | 2,000.73 | ↑ Buy | |||
| IBEX 35 | 8,346.30 | Neutral |
| BASF | 43.278 | ↑ Buy | |||
| Bayer | 53.27 | ↑ Buy | |||
| Allianz | 175.49 | Sell | |||
| Adidas | 165.87 | ↑ Buy | |||
| Lufthansa | 6.288 | ↑ Sell | |||
| Siemens AG | 109.26 | Buy | |||
| Deutsche Bank AG | 8.584 | Buy |
| Mua/Bán 1 chỉ SJC # So hôm qua # Chênh TG | |
|---|---|
| SJC Eximbank | 6,600 / 6,700 (0/ 0) # 1,725 |
| SJC HCM | 6,620/ 6,720 (0/ 0) # 1,746 |
| SJC Hanoi | 6,620/ 6,722 (0/ 0) # 1,748 |
| SJC Danang | 6,620/ 6,722 (0/ 0) # 1,748 |
| SJC Nhatrang | 6,620/ 6,722 (0/ 0) # 1,748 |
| SJC Cantho | 6,620/ 6,722 (0/ 0) # 1,748 |
| Cập nhật 19-08-2022 16:02:19 | |
| Xem lịch sử giá vàng SJC: nhấn đây! | |
| ↀ Giá vàng thế giới | ||
|---|---|---|
| $1,753.90 | -4.67 | -0.27% |
| ʘ Giá bán lẻ xăng dầu | ||
|---|---|---|
| Sản phẩm | Vùng 1 | Vùng 2 |
| RON 95-V | 25.340 | 25.840 |
| RON 95-III | 24.660 | 25.150 |
| E5 RON 92-II | 23.720 | 24.190 |
| DO 0.05S | 22.900 | 23.350 |
| DO 0,001S-V | 24.880 | 25.370 |
| Dầu hỏa 2-K | 23.320 | 23.780 |
| ↂ Giá dầu thô thế giới | |||
|---|---|---|---|
| WTI | $89.26 | +0.64 | 0.72% |
| Brent | $95.23 | +0.38 | 0.40% |
| $ Tỷ giá Vietcombank | ||
|---|---|---|
| Ngoại tệ | Mua vào | Bán ra |
| USD | 23.235,00 | 23.545,00 |
| EUR | 22.981,75 | 24.268,73 |
| GBP | 27.175,39 | 28.334,31 |
| JPY | 167,13 | 176,93 |
| KRW | 15,26 | 18,59 |
| Cập nhật lúc 15:55:12 19/08/2022 Xem bảng tỷ giá hối đoái | ||
