Secondary housing embraces a rebound

BY ALICE ZHAO

HONG KONG – The secondary property market has embraced a rebound after the Chinese New Year since a downturn of more than six months.

Data from ten main estate agencies indicates a skyrocket of trading. The transaction over Street Kornhill in Quarry Bay increased six fold. City One in Shatin also saw a doubled swap. Experts  estimate that the heat in secondary housing will continue for at least one month.

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