EconomyHong Kong banks face a growing backlog of repossessed homes as sales slow
Aggressive developer pricing is drawing buyers to new projects, leaving fewer for second-hand homes sold by mortgagees. Centaline Property says mortgagee-listed homes rose 30 per cent in the third quarter to 262 at the end of September, a four-quarter high.
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South China Morning Post★★☆☆☆2026-10-30 05:00Original
Hong Kong banks face a growing backlog of repossessed homes as sales slow
Economy