Alex Hofford / EPA

A view of residential housing in Tseung Kwan O district of Kowloon, Hong Kong, China on Oct. 25. According to local media reports, home prices on the secondary market in Hong Kong have jumped 47.9 per cent since January last year, largely driven by investors from mainland China.

Hong Kong homes in high demand

As CNBC reports, some forecasters are warning of a bubble.

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