Real estate market
Written by: Lin Leqian
2020-06-12 16:21
Date of last update: 2020-06-12 16:21The Central Plains City Leading Index (CCL), which reflects the trend of second-hand property prices, reflects the trend of second-hand property prices. The latest report is 178.64 points, a weekly decrease of 0.89%. Large-scale housing estates CCL Mass fell 0.89% weekly, and small and medium-sized units CCL fell weekly. 0.82%, the large unit CCL fell 1.3% on a weekly basis. After the four major indexes rose for two consecutive weeks, they fell this week.
In terms of zoning, the Kowloon area hit a new 37-week high, rising 0.49% week-on-week; Hong Kong Island fell 3.45% week-to-week, with the largest decline in 52 weeks; the two districts in the New Territories experienced significantly smaller declines, and New Territories East fell 0.15% weekly, and rose 3 weeks later Weakening; New Territories West fell 0.42% weekly.
Huang Liangsheng, senior co-director of the Central Plains Real Estate Research Department, pointed out that there are signs of a comeback in local social events, which temporarily affected the sentiment of the property market. Expectation of property prices trended upward and upward. Yesterday (11th), the Fed expected to maintain zero interest rate and loose policy until the end of 2022. The impact of Hong Kong property prices will only be reflected in the CCL announced in early July 2020.
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