The Jury's Out on Whether Hong Kong's Property Blip Is History

Citigroup Inc.

• Estimates prices will rise 10 percent from the second quarter to the fourth quarter
• Demand-supply imbalance and interest-rate outlook support price gains, according to Ken Yeung, head of China/Hong Kong property research 
• Pent-up demand has been unleashed after Lunar New Year

JPMorgan Chase & Co.

• Expects prices to increase by 5 percent to 7 percent from second quarter to fourth quarter
• Capital outflow risks will ease because of the low probability of tightening by the Federal Reserve, said Cusson Leung, managing director of Asia Pacific equity research 

Cushman & Wakefield Plc

• Prices will rise 15 percent in the first half
• Eased tensions in the China-U.S. trade talks and a slower-than-expected pace of rate hikes have improved market sentiment, according to Alva To, the firm’s vice president for Greater China

DBS Group Holdings Ltd.

• Home s will fall 10 percent in 2019
• Downward pressure on the global economy and a large supply of new residential units in the New Territories will suppress home s, said Jeff Yau, a property analyst with the bank

Jones Lang LaSalle Inc.

• Home prices to fall about 10 percent this year
• Slowing global economy to prevent price growth
• “Buyers continue to enter the market on the assumption that they have job security over the near term, a situation that may quickly change,” said Denis Ma, head of research