The CSI (Residential Selling Price) last printed at 50.84, up 1.38 points from 49.46 last week, representing an incline in a single week, ending its decline in 4 consecutive weeks, Yeung Ming Yee, senior associate director at Centaline Property Research, said.

The CSI rallied from a low level to 62.43 since the withdrawal of the spicy measures, and continued to drop. The index now stands at the 50-point positive/ negative range.

With the recent continuous slowdown in second-hand trading, the index reflects that the property market is now in a tug-of-war situation, indicating that property prices will continue to be volatile in the short term.