A few data points in this article...
1) Foreclosures:
2) Rentals up in some areas:According to Centaline Property, properties being offered for sale at auction reached 209 yesterday - 11 more than last month.
The current number has also exceeded the 200 level for the first time since November 2009.
On the pattern of foreclosures, it was noted too that in 2008 the number jumped to over 300 from about 200 cases within half a year.
But arrivals of skilled personnel from the mainland boosted rents of top-line homes in Hong Kong during the third quarter, a study by estate agency Savills shows.
Savills said luxury rents on Hong Kong Island showed 1.2-percent growth while in Kowloon and the New Territories the rises were 1.9 percent and 0.5 percent respectively.
The residential leasing report revealed too that professionals from the mainland prefer a traditional style of home, resulting in rents in Happy Valley and Jardine's Lookout climbing 3.2 percent quarter-on-quarter while in Southside there was a 1.9-percent increase.
Elsewhere, rents around Ho Man Tin and Kowloon Tong grew 2.2 percent compared with the previous quarter while in Tsim Sha Tsui and Hung Hom the increase was 1.8 percent.
https://www.thestandard.com.hk/secti...tion/2/246373/