Hong Kong home prices slumped for the third month in a row in February, dropping to their lowest level in almost nine years.
The Rating and Valuation Department on Thursday said prices fell almost 0.9 percent from the month before, following a decline of 0.7 percent in January.
The official home price index in February was at its lowest level since July 2016.
Rents, meanwhile, were up 0.3 percent from January, reaching the highest level in five months.
