The latest report of the U.S. Consumer Confidence Index is 77.7 points, and the deployment of new housing projects has boosted the market atmosphere.
In terms of property prices, the latest "Meilian Property Price Index" reported 148.71 points, a slight increase of 0.17% compared to last week; compared to four weeks ago, the property price index has increased by 0.97%; so far this year, property prices have accumulated a rise of 10.39%.
The latest "Colliers Confidence Index," reflecting the attitude of property owners placing their properties on the market, reported a score of 77.7 points, with a weekly increase of 0.4%, ending a five-week decline trend. Colliers International analyst Ken Tsan pointed out that the rebound of the Hang Seng Index from a low point signals a positive trend in the market. At the same time, with the deployment of new projects in the market, the atmosphere in the property market is further boosted, leading to a stabilization of confidence index.
In terms of property prices, the latest "Colliers Price Index" reported a score of 148.71 points, with a slight weekly increase of 0.17%; compared to four weeks ago, the price index has increased by 0.97%; since the beginning of the year, property prices have cumulatively risen by 10.39%.
Looking at different regions, property prices in the three districts showed a divergent trend. The latest "Colliers Kowloon Price Index" reported a score of 156.97 points, showing a weekly increase of 0.7% and leading performance; the "Colliers New Territories Price Index" reported a score of 133.87 points, with a weekly increase of 0.19%; while the "Colliers Hong Kong Island Price Index" reported a score of 156.67 points, with a weekly decline of 1.21%.
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