The Rating and Valuation Department (RVD) announced that Hong Kong's Private Residential Property Price Index ticked up 0.6% MoM to 290.1 in October from an eight-year low, ending a five-month losing streak. It also amassed decreases of 27.1% from its record high in September 2021. On a YoY basis, the index faded 9.9%. YTD, it slumped 6.8% in aggregate.