{"id":38498,"date":"2025-09-26T06:46:26","date_gmt":"2025-09-26T06:46:26","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/38498\/"},"modified":"2025-09-26T06:46:26","modified_gmt":"2025-09-26T06:46:26","slug":"hong-kong-home-prices-rise-slightly-while-rents-near-historic-peak-amid-gradual-recovery","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/38498\/","title":{"rendered":"Hong Kong home prices rise slightly while rents near historic peak amid gradual recovery"},"content":{"rendered":"

Hong Kong\u2019s lived-in home prices rose by 0.14 per cent in August, according to the latest official data, suggesting a gradual recovery in the city\u2019s struggling residential property market.<\/p>\n

An official index measuring price movement among the city\u2019s second-hand homes made a modest gain for the fifth straight month, narrowing this year\u2019s price decline to 0.24 per cent, according to data from the Rating and Valuation Department (RVD) released on Friday. Since April, Hong Kong\u2019s home prices have increased by 1.26 per cent.<\/p>\n

\u201cFollowing the US Federal Reserve<\/a>\u2019s quarter-point rate cut on September 18, major banks in Hong Kong lowered their prime rate by 0.125 per cent,\u201d said Eddie Kwok, executive director for valuation and advisory services at CBRE Hong Kong. \u201cThis translates into a lower effective mortgage rate. We believe a lower borrowing cost will bring more buyers into the Hong Kong residential market, thus lending support to residential property prices.\u201dCBRE was \u201ccautiously optimistic\u201d that the residential market would bottom out and experience a steady recovery in transaction volume<\/a> in 2026, he added.Amid a long market slump, residential prices fell 28.4 per cent as of March this year from a peak in September 2021. The latest figures point to a stabilising<\/a> trend, with volume and prices either remaining steady or gaining.<\/p>\n

Hong Kong home transactions remained above the 5,000 level for the sixth consecutive month in August. A total of 5,291 homes were sold last month, according to data from the Land Registry. While that represented a drop of 8.2 per cent from 5,766 in July, it was nearly 45 per cent higher than a year earlier.<\/p>\n

\"PropertyProperty agencies in Tai Wai display information on homes for sale on September 2, 2025. Photo: Sam Tsang<\/p>\n","protected":false},"excerpt":{"rendered":"Hong Kong\u2019s lived-in home prices rose by 0.14 per cent in August, according to the latest official data,…\n","protected":false},"author":2,"featured_media":38499,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[3473,114,31345,31344,31341,3448,31338,31339,31337,31346,85,46,31340,31342,31343,14707],"class_list":["post-38498","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-august","tag-business","tag-cbre-hong-kong","tag-eddie-kwok","tag-hang-seng-index-hsi","tag-hong-kong","tag-hong-kong-home-prices","tag-hong-kong-home-rents","tag-hong-kong-homes","tag-hong-kong-residential-market","tag-il","tag-israel","tag-land-registry","tag-midland-realty","tag-rating-and-valuation-department-rvd","tag-us-federal-reserve"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/38498","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=38498"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/38498\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/38499"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=38498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=38498"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=38498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}