Central Plain: CCL weekly increase of 0.01%, Hong Kong property prices are expected to continue to decline.

Yang Mingyi, Senior Joint Director of the Research Department of Zhongyuan Real Estate, pointed out that the latest Zhongyuan City Leading Index (CCL) is 136.37 points, up 0.01% from the previous week. With the escalation of the trade war and the increased risk of a global economic recession, the atmosphere in the real estate market has become more subdued. Buyers are taking a wait-and-see attitude, leading to a decrease in second-hand transactions. It is believed that the overall property prices will continue to decline.