Residential Mortgage Survey Results for August 2017

The following is issued on behalf of the Hong Kong Monetary Authority: The Hong Kong Monetary Authority ("HKMA") announced the results of the residential mortgage survey for August 2017. The number of mortgage applications in August increased month-on ... ( read original story ...)

U.S. Mortgage Rates Rise, Highest Levels in 6 Weeks

According to a report by real estate consultant JLL and The Business of Cities, London, New York, Paris, Singapore, Tokyo, Hong Kong and Seoul are among the seven most competitive cities in the world. According to the Mortgage Bankers Association's Weekly ... ( read original story ...)

Hong Kong’s Property Market Gets a ‘Reality Check’

The scrapped sale of The Excelsior hotel in Causeway Bay may have been a “reality check” in a heated Hong Kong property market, according to Irene Lee, chairman of Hysan Development Co. “We didn’t get it -- or we didn’t bid,” Lee said in a ... ( read original story ...)

‘Whale’ gamblers also placed bets on B.C. real estate

“Once they’re done gambling, they can take their winnings in U.S. funds or Hong Kong dollars and invest it in property ... loans were made by Jin to BCLC-identified VIPs for them to make mortgage payments on Vancouver homes. Another common transaction ... ( read original story ...)

ASIA MARKETS: Hong Kong Stocks Flirt With 10-year High

amid big gains in Chinese property developers and index heavyweight (0700.HK) The internet giant rose another 0.8% in early action, hitting fresh record highs. It has surged 85% in 2017. Hong Kong markets will be closed Thursday, while there is no trading ... ( read original story ...)

Why You Need To Be Careful About Buying Property Sight Unseen

According to the Real Estate Institute of Australia, selling real estate sight unseen is becoming more popular with international buyers keen to snap up property here A Hong Kong buyer recently purchased a home on Sydney's North Shore for $3.65million ... ( read original story ...)