Zhongyuan Mortgage: There is still a high chance of interest rate cuts in the second half of the year in the United States, which will support the Hong Kong property market.

According to the Securities Times APP, Wang Meifeng, the Director-General of Zhongyuan Mortgage, stated that the Federal Fund interest rate maintained by the Federal Reserve at 4.25% to 4.5% was in line with market expectations, with no changes in four consecutive meetings. The benchmark HSBC Bank has announced that the most favorable interest rate remains at 5.25%, also in line with market expectations. It is believed that Hong Kong banks will follow suit and maintain the most favorable interest rate. Starting from May, benefited from a significant decrease in interest rates, a significant reduction in housing burden, coupled with the promotion of "leasing to buying" due to the increase in demand, and the simultaneous decrease in interest rates and fixed deposit rates making buying property for rental more attractive, the trading volume in the real estate market has significantly increased recently, and Hong Kong's real estate market has shown signs of warming up. The chance of a rate cut in the second half of the year in the United States is still large, which will be beneficial in supporting the real estate market.