Purpose: This paper aims to examine the evolution of house prices in China and especially the effects of different financing channels on China’s house prices. Design/methodology/approach: The author use the own theoretical framework and proceed to test the testable hypotheses by using the...

Purpose The purpose of this paper is twofold. First, the authors investigate the main drivers of house prices in the Hong Kong housing market. Second, further research is undertaken to confirm the existence of house price overvaluation, which has driven the market into a bubble episode....