"US building price index" rose for 7 consecutive weeks to reach a new high in over 19 months. The atmosphere in the Hong Kong property market continues to be strong.

The latest report of the Centaline Property Price Index is 135.37 points, up 0.41% weekly for 7 consecutive weeks, reaching a new high of over 19 months. The latest property price index has increased by 0.95% compared to four weeks ago, and the property prices in Hong Kong have continued to rise by about 0.49% this year, with a year-on-year increase of 7.2% reaching a low last year. In terms of confidence index, Centaline Properties analyst Chan Chung Him pointed out that the performance of the stock market has been consistently good in the new year, coupled with the launch of large new developments, leading to a strong market response and driving a bullish atmosphere in the overall property market, further boosting the confidence of property owners. The latest "Centaline Confidence Index" reflecting the listing attitude of property owners is 80.2 points, up by 3.1% weekly, and the confidence index continues to be higher than the average, indicating a strong upward trend in property prices. When divided into 3 districts, property prices in all 3 districts have increased weekly. The latest report for the "Centaline Hong Kong Island Property Price Index" is 140.64 points, up by 0.17% weekly; "Centaline Kowloon Property Price Index" is 141.94 points, up by 0.81% weekly; "Centaline New Territories Property Price Index" is 123.14 points, up by 0.15% weekly. Comparing with four weeks ago, property prices in the 3 districts have shown individual developments, with Hong Kong Island and Kowloon increasing by 0.36% and 2.51% respectively, and the New Territories declining by 0.13%. As for the changes in property prices year-to-date, the 3 districts also show individual developments, with Hong Kong Island and Kowloon increasing by 0.58% and 1.42% respectively, while the New Territories has dropped by 0.31%.