Hong Kong home prices end 13-month upswing as tax fears weigh on demand

Hong Kong’s lived-in home prices fell 0.46 per cent in July, halting a 13-month upswing, according to the latest official data. The index tracking second-hand homes slipped to 321.5 in July from 323 in June, Rating and Valuation Department (RVD) data showed on Thursday. It was the first decline in 16 months, following a drop in April last year. Prices were flat that May, then climbed steadily for