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The Meilun Building Price Index increased by 0.44% month-on-month and has risen approximately 0.81% so far this year.
The latest report of the Meilian House Price Index is 129.17 points, with a week-on-week increase of 0.44%;
Hong Kong Housing Analysts Predict a Market Bottom This Year
The latest index for the beauty company's property prices is reported at 128.61 points, with a week-on-week increase of 0.37%.
The "United States Real Estate Price Index" latest report is 128.61 points, a week-on-week increase of 0.37%. Compared to four weeks ago, the price index has slightly increased by 0.18%.
The Hong Kong Mid-Levels Price Index increased slightly by 0.14% weekly, with a cumulative decline of 6.86% in 2024.
With Hong Kong Banks further reducing interest rates by 0.125%, this is the third rate cut since September, which positively supports the Hong Kong property market, enhances owners' confidence, reduces discount listings, and raises the confidence Index.
Zhongyuan Real Estate: The Zhongyuan Valuation Index (CVI) has stabilized above 50 points for three consecutive weeks, indicating repeated contention in Hong Kong's property prices.
This week, the Central Plains Valuation Index (main Banks) CVI reported 50.35 points, a decrease of 3.85 points from last week's 54.20 points.
'Property Market to Pick up Next Year'