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Freelancer Faces Housing Hurdles Amid Market Shifts

2/23/2026

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Story summary
  • May Chan, a Hong Kong-based freelancer, wants to buy a flat but faces high mortgage rates and market uncertainty.
  • Mortgage rates have stabilized and there are fewer unsold units, signaling an improving residential property market.
  • Analysts say developers may reduce discounts on new projects, which could delay Chan's search for an affordable home.
  • She still hopes discounts will help make a purchase feasible despite a shifting market.