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Housing supply faced a head-on crash and will have bumpy
rides ahead
Actual and projected completion of private residential units [1]
22,000 2018 estimate:
Annual average completion during 2018 - 2022 20,800 units
20,000
2019 estimate:
Annual average completion during 2019 - 2023 18,500 units
18,000
Number of units 16,000 2020 estimate: 16,000 units
Annual average completion during 2020 - 2024
14,000
12,000
10,000
2016 2017 2018 2019 2020 2021 2022 2023 2024
Actual completion Projected completion
Note: [1] Starter Homes units included.
Sources: Rating and Valuation Department, and Our Hong Kong Foundation. 3