Rising interbank rate, as well as highest increase of Hong Kong’s dollar in 15 years may change conditions at least affordable property market in the world, Bloomberg reports.

According to the evaluation of Royal Institute of Chartered Surveyors, buyers’ demand fell in August first time in two years. House prices will be falling within next three months and then stagnate. Institute forecasts slight decline in 0,2% next year.

Other experts are more pessimistic. Nomura Holdings Inc. assumes 13% decline in prices in 2019.

According to forecast of Centaline Property Agency, volumes and values of transactions with secondary property objects will decline by 32% and 38% correspondingly this month compared with August. Sales volumes will be the lowest since March 2016.