Hong Kong's total property prices fell by about 15.6%last year, ending for 13 consecutive years.
Comprehensive reports of Hong Kong Radio Station and Hong Kong Commercial Radio, the temporary data released by the Hong Kong Robin Property Price Department on Friday (January 27) shows that Hong Kong's private residential price index was reported at 332.5 points in December 2022, 332.5 points, and 332.5 points, 332.5 points, and 332.5 points, 332.5 points, and 332.5 points, 332.5 points.The monthly decline is about 2.03%, and it has fallen seven months in a row, the lowest after April 2017.Last year, the Hong Kong property price index fell as high as 15.59%, which ended for 13 consecutive years.
Chen Haichao, director of the Real Estate Research Department of Lijiage, believes that last year in Hong Kong, property prices have fallen in recent years, which are mainly affected by the epidemic and US interest rate hikes.The bottom of the month was the bottom, and the first half of the year rose by about 4%. Even if the US interest rate hike cycle is not over, the impact will not be too great.
He said that the property prices in Hong Kong are mainly driven by the customs clearance. It is expected that more mainland funds will go to Hong Kong to buy a property. In addition, the purchasing power of Hong Kong accumulated last year is believed to be better this year.The price is expected to rise by 6 to 8%, and it is expected to rise 10 to 12%throughout the year.
