No Data
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'
Market Chatter: Road King Infrastructure, Wing Tai Sell Apartments at Lower Prices
Market Chatter: One-Sixth of Hongkongers Plan Home Purchases in Next Five Years, HSBC Survey Says
Home Prices Set to Rise in Hong Kong, Singapore, Australia in 2025
Shareholders in Wing Tai Properties (HKG:369) Have Lost 49%, as Stock Drops 12% This Past Week
