开报数据加 知识 Asia Pacific Equity Research 15 April 2024 Hong Kong Property The residential market is losing steam After some short-term excitement post the policy easing, the residential market shows signs of losing steam again: (1) secondary home price, after a 2.8% rebound over 3 weeks, dropped 1.5% last week (the steepest W/W decline in 8 months - Figure 2); (2) CKA's Blue Coast only hit a 70-75% sell-through rate in its second launch. We think the weaker momentum in the primary market is due to (1) develope ...