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Hong Kong existing home prices rise to record, defying curbs

  Bloomberg Hong Kong’s existing home prices have climbed to a record, fueled by a surge in demand from local buyers and investors despite taxes and mortgage curbs designed to rein in prices. The Centaline Property Centa-City Leading Index, which tracks sales in the secondary market, rose to 147.74 for the week ended February 19, surpassing the previous high of ...

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Tokyo’s housing boom may soon face an end

  Bloomberg Evidence is mounting that Tokyo’s housing boom is nearing an end. In the Kachidoki area facing Tokyo Bay, home to the city’s hottest market given its proximity to venues for the 2020 Olympic Games, real-estate broker Hayato Jo has a wall full of notices of apartments for sale, with a 20 percent increase in the number of people ...

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Iron ore hit with reality check as RBA says $90s won’t last

  Bloomberg Iron ore’s having a reality check on rising doubt that the exuberance that lifted prices to the highest since 2014 is entirely rational given the outlook for additional supply, the record stockpiles in China and statements of caution from some of the world’s biggest miners. Futures in China fell on Friday, with Australia’s central bank saying it expected ...

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