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Hong Kong Home Prices Fall 0.5% in July, Ending 16-Month Rise

Hong Kong home prices fall 0.5% in July, ending a long recovery as weaker stock markets and tighter mainland capital controls create fresh pressure.

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Hong Kong home prices fall 0.5% in July, ending a long recovery as weaker stock markets and tighter mainland capital controls create fresh pressure.

Housing rally stalls in July as mainland Chinese tax risks curb demand, analysts say, raising doubts over market’s near-term outlook.