The property price index rebounded slightly
The Central Plains City Leading Index (CCL), which reflects the trend of the second-hand residential property market in major large housing estates, last reported at 177.09, up 0.69% weekly, and rebounded after falling for two weeks. Huang Liangsheng, senior co-director of the Central Plains Real Estate Research Department, pointed out that before the coming of the seasonal housing boom in the Spring Festival, some buyers entered the market first, which promoted a marked increase in second-hand transactions, which stimulated the property price to temporarily stop falling.
The CCL report released in the last week of the Year of the Pig was 177.09, which was 4.2% compared to 169.95 in the last week of the Year of the Dog
As for the four major regions, the latest week saw three rises and one fall, and the two New Territories districts rose simultaneously, ending the two consecutive weeks of declines. The New Territories East Property Price Index was reported at 190.13, a weekly 1.11% increase, the largest increase in 36 weeks. The New Territories West Property Price Index was 163.45 points, up 1.24% on a weekly basis, the largest increase in three weeks.
The Hong Kong Island property price index was reported at 184.5, up 1.42% from the previous week, the largest increase in 10 weeks, ending the two-week losing streak.
The Kowloon District Property Price Index was 173.47, a slight decrease of 0.14% over the week
The CCL announced on January 24 is calculated based on the Central Plains Group’s transactions signed on January 13-19, and more than 70% of the transactions were signed on December 30, 2019 to January 5, 2020. contract.