The July 2015 RICS Hong Kong Residential Market Survey shows the price trend to still be positove, albeit a little less so than in June, with most activity indicators turning softer. This reflects, in part the broader increase in risk aversion in the face of the recent stock market turmoil. Indeed, the net price balance edged lower to a reading of +67, compared to June's +81.
Whilst it's still far too early to call an end to the buoyancy in the housing market, there are some early signs which suggest, at least in the near term, activity and prices will likely remain soft.
Source : RICS