HONG KONG: Private home prices in Hong Kong climbed 0.2 per cent in September from the previous month, the second consecutive rise, data from the Rating and Valuation Department showed on Wednesday.
The private home price index edged up 0.2 per cent in September, following a revised 0.03 per cent rise in August and a 1.0 per cent drop in July.
July's decline was the first since March 2025 and after prices gained around 13 per cent. The home market lost momentum due to a stock market correction and China's tighter curbs on outbound investment.
Knight Frank head of research & consultancy Esther Liu said China's curbs have not shrunk transaction volume significantly, and she expected prices to rise 8.0 per cent to 10 per cent for the full year supported by limited supply.
