Central Plains: CCL rose by 1.05% on a weekly basis, expected short-term Hong Kong property prices to fluctuate upwards.

Translated to According to the Wisdom Financial News APP, the Central Plains City Leading Index CCL has reached 138.63 points, a week-on-week increase of 1.05%. Yang Mingyi, Senior Co-Director of the Central Plains Real Estate Research Department, pointed out that the CCL has seen a significant increase in volatility in the past four weeks, fluctuating by about 1% up and down, indicating a turning point in the trend of Hong Kong property prices. The index is gradually moving away from the previous low of 135 to 136 points, and has been around the level of 137 to 138 points in the past four weeks. With the recovery of the Hong Kong stock market, low interest rates, and banks offering mortgage incentives to attract customers, the market is anticipating a rate cut in September and other positive factors, stimulating short-term fluctuations in Hong Kong property prices. The CCL has reached a high of 139.25 points since the beginning of the year, currently standing at 0.62 points or 0.45% higher.