Hong Kong home prices tick up in April but still down 5.6 pct on-year

May 31, 2016 5:31 AM

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HONG KONG May 31 Hong Kong home prices edged up 0.5 percent in April, snapping a half year of monthly declines, but were still down 5.6 percent from a year earlier, data showed on Tuesday.

Home prices rose to 258.8 on a government index in April, from 257.5 in March, according to the Hong Kong government's Rating and Valuation Department.

Also read: Sales of new homes rose 3.1 percent in September

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