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<HK Home>RVD: HK Jan Private Residential Property Price Index 0.4% Lower MoM, Logging 8Yr+ Low
The Hong Kong Private Residential Property Price Index for January fell 0.4% MoM/ 6.4% YoY to 287.6, representing a decline for 2 consecutive months, logging an over-8-year low, ne...
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<HK Home>RVD: HK Jan Private Residential Property Price Index 0.4% Lower MoM, Logging 8Yr+ Low
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The Hong Kong Private Residential Property Price Index for January fell 0.4% MoM/ 6.4% YoY to 287.6, representing a decline for 2 consecutive months, logging an over-8-year low, nearly 27.8% below the all-time high set in 2021, according to the Rating and Valuation Department of Hong Kong (RVD).

The price index for small and medium-sized units (less than 100 meter square) continued to drop by 0.4% MoM to 289, down for 2 consecutive months, setting an over-8-year low. The price index for larger units (100 meter square or above) continued to slide by nearly 1% MoM to 263.8, down for 2 consecutive months, hitting a low of over 8 years.

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