Vancouver Home Sales DROP 44%! Hong Kong Real Estate FALLS for the First Time Since 2016!

When you look at home sales, this must be broken down by country, region, and all the way down to the neighbourhood of a city. It can vary greatly. Understand where the jobs are leaving and where they are going to. Understand building permits. Understand the real economy surrounding the home. So many factors to consider other than what your banker and media representative tells you: Prices always go up. Hmmm… do they?

Hong Kong, world’s most overvalued housing market, is at greatest risk of bubble, says UBS | South China Morning Post
https://www.scmp.com/property/international/article/2166080/hong-kong-worlds-most-overvalued-housing-market-greatest-risk
Hong Kong Home Prices Set to Drop for The First Time in Two Years, Says RICS Report | Media Outreach
http://www.media-outreach.com/release.php/View/6711/Hong+Kong+Home+Prices+Set+to+Drop+for+The+First++Time+in+Two+Years%2C+Says+RICS+Report.html
Hong Kong home prices drop – ending bull run of 28 months as world’s priciest market reaches tipping point | South China Morning Post
https://www.scmp.com/property/hong-kong-china/article/2166102/hong-kongs-august-home-prices-mark-first-drop-28-months
Home sellers trim prices as Hong Kong’s decade of cheap money ends with higher interest rates | South China Morning Post
https://www.scmp.com/business/banking-finance/article/2165899/hong-kong-raises-base-lending-rate-striking-final-nail-more
Chinese millennials are buying hamburgers on instalment, fuelling micro loan industry | South China Morning Post
https://www.scmp.com/tech/e-commerce/article/2165861/chinese-millennials-buy-now-pay-later-mentality-fuels-thriving-micro
UBS Global Real Estate Bubble Index 2018 | UBS Global topics
https://www.ubs.com/global/en/wealth-management/chief-investment-office/our-research/life-goals/2018/global-real-estate-bubble-index-2018.html
More supply and less demand seen across Metro Vancouver housing market | www.rebgv.org
https://www.rebgv.org/news-statistics/more-supply-and-less-demand-seen-across-metro-vancouver-housing-market
Bad news for home sellers: D-FW has one of the biggest U.S. home listing gains | Real Estate | Dallas News
https://www.dallasnews.com/business/real-estate/2018/10/03/bad-news-home-sellers-d-fw-one-biggest-us-home-listing-gains
Denver home sales drop by a third in September
https://www.denverpost.com/2018/10/03/denver-housing-market-goes-cold/