Hong Kong has come out on top again, but not in a good way. After earning the distinction of having the highest petrol prices in the world, we have again been named the world’s priciest residential property market in the “Mapping the World’s Prices” report released by Deutsche Bank. We managed to keep our top…
Some of Hong Kong’s largest developers, including Sun Hung Kai Properties (SHKP) and Wheelock Properties, are set to release new units in residential projects this month amid an expected cooling of price increases. SHKP, the city’s largest developer in terms of market capitalisation, released the price list for 120 units at its Garden Regency project…
What do marathon runners, AI experts and tennis players have in common? In China, they have all become the target of creative housing subsidies. Earlier this month, a social media account for the government of Nanjing — a capital city of China in imperial times — posted that it was providing housing subsidies of up…
In 2025, Home Depot was the world’s largest home improvement retailer based on net sales, according to a recent Securities and Exchange Commission (SEC) filing. The retailer reported $164.7 billion in sales at the close of FY2025, up 3.2% from 2024. Because of the company’s sheer size and reach — it serves both DIYers and…
Morgan Stanley was the first major bank to forecast a 10 per cent increase in home prices in January, which was widely seen as aggressive at the time. With fresh data bolstering signs of a recovery, other banks have also lifted their 2026 estimates. According to a research paper published on Sunday, JPMorgan raised its…
Complaints against Hong Kong property agents jumped 56 per cent in 2025, outpacing the rise in property transactions, as a reviving housing market exposed pressure points in industry practices, according to the Estate Agents Authority (EAA). The EAA said it opened 253 complaint cases in 2025, up from 162 in 2024, even as overall residential…
Sun Hung Kai Properties (SHKP), Hong Kong’s largest developer, has priced the next batch of units on offer at its massive Sierra Sea residential project about 5 per cent higher than previous phases, signalling a welcome improvement in the city’s housing market. The 148 units in Phase 2A of the development in Sai Sha Wan,…
(Bloomberg) — Pending sales of existing US homes stalled in September, suggesting anxiety about the job market kept potential buyers sidelined despite a welcome easing in mortgage rates. Most Read from Bloomberg An index of contract signings held at 74.8 after climbing a revised 4.2% a month earlier to the highest level since March, according…
New tariffs on imported wood and certain wood products took effect on Tuesday. Softwood timber and lumber are now subject to 10% tariffs under a proclamation signed by President Donald Trump last month. Trump also imposed 25% import taxes on upholstered furniture, kitchen cabinets, and bathroom vanities. Those rates are slated to increase again on…
President Donald Trump has urged U.S. homebuilders to ramp up construction across the country, claiming they are “sitting on 2 million empty lots” while the nation continues navigating a housing shortage. The lack of inventory on the U.S. market, which is due to the fact that the country built far fewer homes than needed following…