Hong Kong home price rally set to cool after strongest first half in 7 years: analysts

The rally in Hong Kong’s housing market is expected to slow in the coming months, after a stellar first half of the year that saw home prices post their strongest gains for the period in seven years. Despite the market’s strong recent recovery, analysts warned that weaker stock-market sentiment and Beijing’s introduction of tighter capital controls were likely to curb further gains in the second half. Private home prices in the city rose by 0.3 per cent in June from a month earlier, extending...