Hong Kong’s private home price index edged up 0.06% in August, stabilising after a revised 0.8% fall in July—the first monthly decline since March 2025, according to the Rating and Valuation Department.
Prices were up 7% in the first seven months of the year and had gained around 13% since March 2025 before July’s decline. The report linked the market’s loss of momentum to a stock-market correction and tighter Chinese curbs on outbound investment; positive sentiment, buoyant equities, demand from more mainland Chinese professionals and easing oversupply were cited as supports.
Residential prices posted their first increase last year after falling nearly 30% from a peak in 2021.
