Hong Kong's growth is likely to slow to 1.7 percent this quarter, mainly due to high interest rates, the University of Hong Kong said.
And property consultant Cushman & Wakefield forecasts that home prices could rise by 3 percent in the first half of the year.
HKU projected 2.3 percent growth for the whole year, which is lower than last year.
Cushman, meanwhile, said that it expects an home prices to rise by 5 percent to 7 percent if interest rates are cut in the second half, but stressed there would be "no sharp rebound."
Home prices rose 1.5 percent in March after the removal of stamp duties for the property market, and the measures were officially enacted as a bill yesterday.
In other news, CK Asset's (1113) Blue Coast has received over 10,000 cheques for 184 units in its price lists, making them 53 times oversubscribed.
And Cititc (0267) has put144 homes at Jardine's Lookout on the market.
