Falling home prices are a prominent feature of the current market.

According to the latest data, housing prices in Hong Kong have fallen by about 15% over the past year. This is mainly attributed to the property market regulation policies implemented by the government and the impact of the economic slowdown. The government's regulatory measures include tighter lending restrictions, increased supply and higher stamp duty. These policy measures have put pressure on property prices, making buyers more cautious.

The population moving into Hong Kong has steadily increased, especially from the Mainland. The government has introduced a series of measures to attract foreign buyers and provide them with more opportunities to purchase homes.

These measures include simplifying the home purchase process, relaxing restrictions on foreigners purchasing homes and providing home purchase allowances. These initiatives have attracted more foreign buyers to choose to invest and purchase homes in Hong Kong, injecting new vitality into the market.

The government is committed to promoting sustainable development and improving the living environment.

Hong Kong is a crowded city with a high population density, and housing supply has been a key issue. The government has introduced the "Housing First" concept and plans to increase the supply of public housing in the coming years. In addition, the government is encouraging developers to add green space and community facilities to new developments in order to improve the living environment and quality of life for residents.

However, Hong Kong's real estate market is also facing some challenges.

The government's regulatory policies may have an adverse impact on the market. Although these policies aim to curb excessive price increases, excessive regulation may lead to a slowdown in market activity and an increase in buyers' wait-and-see sentiment. The government needs to closely monitor the market situation and adjust its policies flexibly to ensure the smooth operation of the market.

Global economic uncertainty has had an impact on the Hong Kong property market. Global trade tensions, economic slowdown and financial market volatility may all have an impact on Hong Kong's economy and real estate market. The government needs to strengthen risk management to ensure that the market can cope with external shocks.

In summary, the Hong Kong real estate market is facing new trends and challenges. Falling home prices, increasing in-migration and the government's promotion of sustainable development are the key features of the current market.

However, the government's regulatory policies and global economic uncertainty remain challenges for the market. Through moderate regulation and flexible responses, Hong Kong's real estate market will continue to evolve and provide more opportunities and choices for investors and residents.