Hong Kong’s unsold homes reach all-time high as buyers hesitate amid tariff threats

Quick Summary:

Weak demand prompted developers to rein in new launches, trimming potential supply for a fourth straight quarter.

That would be the lowest projected supply in seven quarters, aided by a rebound in home sales this year.

The trend prompted the city’s home builders to rein in new launches for the past four quarters, it added.

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Article Details

Author / Journalist: Salina Li

Category: Business

Markets: Hong Kong

Topics: Units Hong First-hand Private Prices Residential Housing Quarter Tariff Unsold March

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-29 @ 19:00:17 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 241 words

Reading Time: 2 minutes read

Sentences: 7 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 28284787

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Official Website: scmp.com

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Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 31 minutes ago

Coverage Areas: Hong Kong

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