Hong Kong home prices rise 8.4% within the first nine months of 2014

Posted: Nov 12 2014Last Updated: Jul 14 2017
8 November 2014 - Data released by the Rating and Valuation Department shows that Hong Kong home prices reached a new high for the sixth consecutive month in September. The monthly price index for private homes climbed to a new record 265.8 during the same month, marking an increase of 1.8% compared with August.
In addition, Hong Kong home prices have jumped by a total of 8.4% during the first nine months of the year. Demand for small and medium-sized flats (under 750 sq. ft.) remains strongest. As of September, the monthly rental index for private homes also reached a new record high of 162, marking an increase of 1% month on month.
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