Real estate property market
Written by: Xu Shihao
2019-11-22 16:14
Last updated date: 2019-11-22 16:15Property prices in Hong Kong fell, reflecting the trend of second-hand property prices in the Central Plains City Leading Index (CCL) at 181.99 points, down 0.56% per week; among them, small and medium-sized units CCL fell 0.7%; large units CCL hit a 7-week high, by weekly 0.19%. In addition, the large-scale housing market leading index CCL Mass reported 182.45 points, down 0.66% per week.
In terms of districts, property prices in the four districts fell, New Territories West fell 1.57% on a weekly basis; Kowloon fell 0.61%; Hong Kong Island fell 0.26%; property prices in the three districts also rose after two weeks. As for the New Territories East, it fell by 0.15% on a weekly basis.
CCL rose by 1.16% in 3 weeks
Huang Liangsheng, senior co-director of the Central China Real Estate Research Department, said that the overall CCL index fell this week, which was a normal softening after two consecutive weeks of rising. He pointed out that after the government raised the mortgage insurance price ceiling, the three overall indices also rose by one week in the same two weeks. In the past three weeks, CCL rose by 1.16%, CCL Mass rose by 1.5%, and small and medium-sized units CCL rose by 1.33%. Property prices have clearly ended the previous 10 weeks of continuous decline, and it is estimated that the short-term trend will continue to rise.
The price index of the Central Plains Eight Buildings rose by 1.51% per week, up by 29 weeks.
Last month, the average profit of private homes fell below 80%. Li Jiage: The conflict has worsened or the property prices have been under pressure.
CITIC Lyon's property prices have fallen from a high level by 20%, and the guarantee has turned around.
Zhongyuan City Leading Index Second-hand Deal