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.
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. 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.