HONG KONG — Hong Kong’s home prices were largely flat in November, in an early sign that the strug-gling property market could bottom out after interest rate cuts and other supportive measures.
Home prices in Hong Kong, one of the world’s most unaffordable cities, have tumbled nearly 30 per-cent from their 2021 peak, hurt by higher mortgage rates, an outflow of professionals and a weak mar-ket outlook.
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