" she added. So far in 2015, Hong Kong’s property market has experienced strong growth due to rising home prices and low interest rates; however, a report published by Standard and Poor’s (S&P) has detailed the credit rating agency’s predictions of decreased activity within the market throughout the remainder of 2015 and 2016. The report, titled “Credit Rating Agency Forecasts for 2015,” states that there is “a high risk of further deterioration in the housing market” as well as an increased likelihood of negative effects on economic
So far in 2015, Hong Kong’s property market has experienced strong growth due to rising home prices and low interest rates; however, a report published by Standard and Poor’s (S&P) has detailed the credit rating agency’s predictions of decreased activity within the market throughout the remainder of 2015 and 2016. The report, titled “Credit Rating Agency Forecasts for 2015,” states that there is “a high risk of further deterioration in the housing market” as well as an increased likelihood of negative effects on economic