More banks catch on to Hong Kong’s housing rebound, upgrade market forecast



Morgan Stanley was the first major bank to forecast a 10 per cent increase in home prices in January, which was widely seen as aggressive at the time.

With fresh data bolstering signs of a recovery, other banks have also lifted their 2026 estimates.

According to a research paper published on Sunday, JPMorgan raised its 2026 home price growth forecast to between 10 per cent and 15 per cent, up from its previous 5 per cent to 7 per cent estimate, citing faster price acceleration and a shift in the property cycle.

The bank cited a sustained stock market and strong demand from both mainland Chinese and local buyers among seven factors supporting its view that the sector has entered an expansion phase.

“We believe a strong stock market will continue to push up Hong Kong home prices,” said Karl Chan, head of Hong Kong property research at JPMorgan.

  • Related Posts

    HDFC Bank Deputy MD Kaizad Bharucha resigns; RBI approval sought for December 31 exit

    HDFC Bank Deputy Managing Director Kaizad Bharucha has decided to step down after more than three decades with the lender, with his exit scheduled for December 31, 2026, subject to…

    Continue reading
    ‘Much appreciated ‘: Musk replies to Reliance’s statment on Jio awaiting govt clearances

    SpaceX CEO Elon Musk responded to Reliance Industries’ statement on Starlink’s proposed India entry. Replying to Reliance’s statement on X, formerly known as Twitter, Musk wrote: ‘Much appreciated’ SpaceX CEO…

    Continue reading

    Leave a Reply

    Your email address will not be published. Required fields are marked *