So far in 2016 , Hong Kong's ’s property market has experienced strong growth due to rising home prices and low interest rates; however, a report published by S&P ’s ( Standard and Poor ) has detailed the credit rating agency’s predictions of decreased activity within the market throughout the remainder of 2015 and 2015 . S&P has revised its base-case forecast for primary sales in Hong Kong for this year. It is believed that a slump in demand will be the result of completed housing projects increasing supply, although S&P expects that developers in the area will not be severely affected due to factors such as financial flexibility and good funding diversity.
So far in 2016 , Hong Kong's ’s property market has experienced strong growth due to rising home prices and low interest rates; however, a report published by S&P ’s ( Standard and Poor ) has detailed the credit rating agency’s predictions of decreased activity within the market throughout the remainder of 2015 and 2015 . It is believed that a slump in demand will be the result of completed housing projects increasing supply, although S&P expects that developers in the area will not be severely affected due to factors such as financial flexibility and good funding diversity.