China Real Estate: Hong Kong property prices rose by 11.56% in the first half of the year, the largest half-year increase in 8 years.

According to the financial news app, Zhongyuan Real Estate Research Department's senior co-chairman Yang Mingyi pointed out that the latest Zhongyuan City Leading Index (CCL) reported a value of 160.77 points, an increase of 0.52% weekly, reflecting the market conditions during the week of the World Cup opening on June 12th. The property prices continued to rise, with CCL rising for 5 consecutive weeks with a total increase of 2.11%, surpassing the 160-point level, reaching a new high in 147 weeks (nearly 3 years) since early September 2023. In the first half of this year, property prices ultimately increased by 11.56%, the largest increase since the first half of 2018 at 13.20%, significantly surpassing the full-year increase of 4.70% in 2025, by 6.86 percentage points. However, as Hong Kong stocks fell and developers slowed down the release of new projects, coupled with stubborn attitude of secondary homeowners in the property market, recent transaction volumes have significantly decreased. Additionally, with the possibility of the United States raising interest rates, it is believed that the increase in property prices will narrow. Looking ahead, the target for CCL in the third quarter is to test 165 points, with only another increase of 4.23 points or 2.63% needed to reach that level.