The Rating and Valuation Department’s property price index rose for 27 consecutive months. It broke for 20 consecutive months. More than 10% in the first half of the year.

The property price of Hong Kong continued to rise. The latest published private housing price index (hereinafter referred to as the Price Index) of the Rating and Valuation Department (hereinafter referred to as the Rating and Valuation Department) was reported at 389.4, up by about 1.6% month-on-month; the index was 2016. In March, it recorded 271.4 and has risen for 27 months. The cumulative increase was as high as 43.5%, which was the 20th consecutive month. In the first six months of this year alone, the price index has been accumulated by about 10.4%.

According to the latest data from the Department of Estimation, the price index rose by about 1.6% in June, which was similar to that in May. The cumulative increase in the first half of this year was about 10.4%, which was 9.3% higher than that of the same period last year, an increase of 1.1 percentage points.

Large unit gains wins small and medium-sized households

In June, the trend of property prices was larger than that of large-scale units with a usable area of ​​1076 square feet or more. The latest report was 332, which was about 1.7% higher than the 326 in May. It was the first time this year that the practical area was less than 1076 square meters. Small and medium-sized units recorded a monthly increase of about 1.6% in June. According to the area further divided into 5 categories for statistics, the C-type units with a usable area of ​​753 to 1075 square meters rose by 2.2% in June to 345.8, showing the performance of the other four categories. Looking up the record, during the period, the three-bedroom unit of the lower floor F of the 10th floor of the Haiyi Peninsula in Ap Lei Chau, the saleable area of ​​889 square meters, sold for 20.3 million yuan, the price of 22835 yuan, the cost and the price of the price broke the stratification of the estate. Unit record.

In fact, the property market’s upward trend continued in July. According to Centaline Property Statistics, as of the end of July this year, the Central Plains City Leading Index (CCL), which reflects the trend of second-hand residential property prices in major housing estates, continued to peak. Some housing estates were in the first seven months of this year. Property prices rose by more than 20%, with Sha Tin City 1 Shatin City up 27.9% and Tin Shui Wai Kingswood Villa 24.7%, both of which became the locomotives.

Liu Jiahui, chief analyst of Midland Realty, analyzed the property price index of the bank. In the first seven months of this year, property prices rose by 11.7%, which was the highest in the past six years after the record of 12.7% in the same period of 2012. The government launched at the end of June. The new housing policy will undoubtedly strengthen the market to wait and see, but the current property prices have not turned.

The overall rent rose by 3.5% in five consecutive years

Lin Haowen, senior director and valuation and consulting director of Knight Frank, expects that the price increase will narrow in the second half of the year. The property price in the next six months is expected to be affected by government policies and sudden external economic factors.

Chen Haichao, head of research department of Lijiage Real Estate, pointed out that the Sino-US trade war is getting worse and the local interest rate hike cycle is approaching. It is expected to have a more obvious relief effect on the property price trend in July. It is expected that the price increase in July will be significantly narrowed. However, it is expected that property prices will still have a 5% upside potential in the second half of the year, and will continue to see a 15% increase throughout the year.

In addition, the overall rental index of the Department of Estimation was reported at 193.7 in June, which was about 1.2% higher than the 191.4 in May. It rose for 5 months and rose by about 3.5%. It broke for four consecutive months. In the first half of the year, it accumulated about 3.3%. .