50 indicators for 144,000 yuan per building for 14 consecutive months

The continuous bursting of the property market caused the property prices to increase in the first quarter of this year and beat market expectations. In March, property prices rose more quickly. According to the statistics of the Lijiage Real Estate Research Department, the average price of the 50 index housing estates in Hong Kong (average floor area price, the same below) was reported to be 14,400 yuan in March, which was a monthly increase of 1.7%, a record high, and has risen 24 consecutively. During the month, the cumulative increase during the period reached 32%, and has been broken for 14 consecutive months. If calculated in the first quarter of this year, it will increase by 4.6% quarter-to-quarter, an increase of 1.8% from the 2.8% in the fourth quarter of last year, which reflects the acceleration of property price increases in recent months and a sharp increase in the quarter.

Liao Weiqiang, CEO of Lijiage Real Estate, said that after the Lunar New Year holiday in February, the trading volume of the 50 indicator houses rebounded at a low level in March. The transaction volume increased sharply by 60.9% to 674, the third highest level in the past 12 months. . Among Hong Kong’s three district trading volumes, Hong Kong Island experienced the largest rebound, with a total of 117 transactions last month, which nearly trebled monthly.

Will Zhongwei Harbor rise 7% monthly

Among the 50 index housing estates, 34 housing estates reported rising property prices last month, accounting for 68% of the total, of which the monthly increases in Tseung Kwan O Centre and Victoria Harbour in Tai Kok Tsui were the most significant, rising by 7.4% and 7.1% respectively month-to-month. Greatly outperformed the market.

Liao Weiqiang expects that the sales volume of registered housing estates in the April 50 index will decline steadily, with the opportunity to fall again by 10% to about 600, but property prices will increase by 1.5% to 2%.

Second-hand registrations average 7.734 million new highs in the first quarter

In addition, data from the Midland Real Estate Data and Research Center Comprehensive Land Registry showed that the average registered amount of second-hand homes in the first quarter of this year was 7.734 million yuan, a record high, about 16.5% higher than the same period last year. Liu Jiahui, chief analyst of Midland Property, pointed out that the bank selected seven housing estates. In the first quarter of this year, the average saleable area was 300 square feet or less, and the average amount of each amount was generally higher than that of the overall second-hand residential market. The average fines per unit amounted to approximately 4.852 million yuan, which is the highest level of 20.5% in the first quarter of last year.