According to analysts at bank of America ( BofA ) , the Hong Kong Monetary Authority ( HKMA ) intends to loosen restrictions on down - payment for buyers this year if home prices continue to fall . According to the report , Raymond Ngai , from BofA 's Merrill Lynch unit said , “ prices have fallen 8 % since September and with another 5 % to 10 % drop you may consider the HKMA relax restrictions . ” Analysts are predicting that home prices could drop as much as 30 % due to more buyers entering the market and a predicted increase in short - term interest rates .
According to analysts at Bank of America (BofA), the Hong Kong Monetary Authority (HKMA) plans to loosen restrictions on down-payments for buyers this year if property prices continue to fall. According to the report, Raymond Ngai, from BofA's Merrill Lynch unit said, “prices have fallen 8% since September and with another 5% to 10% drop you may see the HKMA relax restrictions.” Analysts are predicting that home prices could fall as much as 30% due to more properties entering the market and a predicted increase in short-term interest rates.