Hong Kong property prices continue to rise, with the U.S. Federal Reserve building price index increasing for the fifth consecutive week, reaching a 19-month high.

On December 29th, the Hong Kong Rating and Valuation Department announced that the private residential property price index for November increased by about 0.92% on a monthly basis, marking the sixth consecutive month of increase. Analyst Samson Sum from Midland Realty pointed out that Hong Kong property prices have been steadily rising, indicating that they have bottomed out and rebounded. He believes that the upward trend will continue into the next year. The latest "Midland Property Price Index" is now at 134.71 points, with a weekly increase of 0.24%, marking a fifth consecutive week of increase and reaching a 19-month high. Compared to four weeks ago, the latest property price index has risen by 1.35%, increasing by 5.14% throughout the year 2025, and by 6.68% from the low point of the year, reversing the downward trend of the past three years. Samson Sum further stated that confidence in the market has been boosted by the U.S. resuming bond purchases, which has had a positive impact on the Hong Kong property market sentiment. Additionally, the number of new properties breaking the thousand-unit mark this month has extended the record to 11 months, indicating active trading. Owners are becoming more confident about the future market outlook, leading to an increase in the confidence index. The "Midland Confidence Index," which reflects owners' attitudes towards listing their properties, is now at 74.7 points, with a weekly increase of 1.2%, marking a two-week consecutive increase. Looking back on the year 2025, the confidence index has increased by about 20%, consistently remaining above average, suggesting that Hong Kong property prices are poised for further upward movement.