Hong Kong home prices are expected to rise 5 percent as a result of quantitative easing measures rolled out by the US, real estate consultancy Colliers International said in a report on Wednesday.

By virtue of a correlation between US bond yields and Hong Kong residential property prices, a 2 percent rise in the Chinese territory's residential prices is anticipated for every 10 basis point reduction in US bond yields, the report said.

Based on this, Colliers International predicted a 5 percent rise in prices over the next 12 months.

The Hong Kong Monetary Authority's lowering of loan-to-value rations from 50 percent to 40 percent on second residential properties will help to cool market sentiment, the report added.