Released by China Real Estate on November 8, the latest Central Leading Index (CCL) reflecting the second-hand property price index in Hong Kong reported 138.57 points this week, up 1.24% compared to the previous week. Due to price reductions by owners before the interest rate cut, government measures favoring the property market, the market sentiment has improved. Owners have narrowed the bargaining range, stimulating a single-week rebound in CCL, the largest since March this year (32 weeks).
香港二手楼价指数本周环比上升1.24%
Hong Kong's second-hand property price index rose by 1.24% on a week-on-week basis.
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