CRIC: Reconstruction of CVI ends 5 consecutive declines, stabilizes above 70 points. Expected to remain optimistic in the first quarter of next year.

According to the Intelligent Finance and Economics APP, Yang Mingyi, senior co-director of the research department of Zhongyuan Real Estate, pointed out that the latest CVI this week was 76.05 points, an increase of 1.75 points from last week's 74.30 points. Large banks in Hong Kong have extended their fixed-rate mortgage plans until the end of April next year. After 5 consecutive declines, CVI has stabilized above 70 points, indicating that the attitude of banks towards mortgages remains optimistic and positive. The index has been in the bullish zone above 60 points for 12 consecutive weeks, indicating continued improvement in Hong Kong property prices.