Hong Kong Private Residential Price Index Rises for 9 Consecutive Months

LightningPacketLoss · 2026-03-29T16:43:46+00:00

The Hong Kong SAR government released data showing that the private residential price index rose to 307.6 points in February 2026, marking nine consecutive months of increase and reaching a 22-month high. The property market is experiencing a significant upward trend, with buyers actively entering the market, and rents remaining at historic high levels. Despite the impact of Middle Eastern conflicts on financial markets, the effect on Hong Kong's property market has been limited.

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2026-03-29 16:43:46

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Xinhua News Agency, Hong Kong, March 27 (Reporter Wei Huadu) The Hong Kong Special Administrative Region’s Rates and Property Valuation Department announced on the 27th that the Hong Kong private residential sales price index for February 2026 was 307.6 points, up about 1.6% month-on-month, extending gains for 9 consecutive months, and reaching the highest level in nearly 22 months.

Pictured are both sides of Victoria Harbour lined with high-rise buildings. (File photo) Xinhua News Agency reporter Zhang Wei photographed

Centaline Property Research Department’s head Chen Haichao said that since this year began, the property market uptrend has been pronounced, reflecting active entry into the market by buyers from all quarters. From the late January to the early February period, newly launched first-hand units sold hot, and coupled with many major banks expressing optimism about Hong Kong’s stock market and property market, it helped drive both prices and trading volumes in the secondary market to rise together.

Looking ahead, Chen Haichao noted that although the conflict in the Middle East has caused volatility in financial markets, its impact on Hong Kong’s property market is limited. Buyers and investors remain enthusiastic about entering the market, so he expects that home prices in March can continue their upward trend.

On rents, the rental index in February was 200.8 points, up marginally 0.05% month-on-month, setting a new record high again. (End)

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