After 27 weeks of consecutive declines, the "U.S. Condo Price Index" showed signs of stabilizing temporarily with a week-on-week increase of 0.25%.

On February 26th, the latest "Meilian Building Price Index" reported 134.6 points, up 0.25% from last week, showing signs of stabilization after 27 consecutive weeks of decline. However, compared to four weeks ago, it is still down by 0.83%, and has fallen by 2.15% so far in 2024, a decrease of about 24% from historical highs. If divided into 3 regions, although the building prices in all 3 regions stabilized last week, there are still different degrees of decline within the year. The latest "Meilian Island Building Price Index" reported 143.55 points, a slight increase of 0.06% from last week, but still down by 1.93% compared to four weeks ago, with a decrease of 3.27% in building prices in the area so far this year; the latest "Meilian Kowloon Building Price Index" reported 138.57 points, up 0.46% from last week, but down by 0.48% compared to four weeks ago, with a decrease of 0.7% in building prices in the area so far this year; the latest "Meilian New Territories Building Price Index" reported 123.25 points, up 0.15% from last week, but down by 0.74% compared to four weeks ago, with a decrease of 2.95% in building prices so far in 2024. The latest "Meilian Confidence Index" reported 56.1 points, an increase of 3.7% from last week, but still about 4.4% lower than the high point of the year. Meilian Property's chief analyst, Liu Jiahui, pointed out that a new financial case is about to be announced, and the market anticipates further easing, even a withdrawal of cooling measures. Owners are watching the situation, and a decrease in discounted properties has led to an increase in the confidence index.