Nominal growth of residential property prices in the local currency reached 13.7% in 2017 in Hong Kong, according to the National Statistical Office. This is 222% more than in the previous year.
Historically, nominal growth of residential property prices in the local currency in Hong Kong reached an all time high of 54.8% in 1991 and an all time low of -38.5% in 1998.
Hong Kong has been ranked 3rd within the group of 71 countries we follow in terms of nominal growth of residential property prices in the local currency.
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