Recent data reveals that second-hand property prices remain under pressure.
The Rating and Valuation Department reported that the private home price index for March stood at 284.2 points, representing a monthly decline of 0.49%.
This marks the fourth consecutive month of decline, bringing the index to its lowest level in over eight and a half years. Compared to the same period last year, prices have dropped 8.2%, with a cumulative decline of 1.7% for the first quarter of this year.
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Property Type | Price | Ads Period |
---|---|---|
For Sale Property | ||
Normal Listing Typical One | HKD:1000 (or Hsemoney:1000) | Valid:90 days |
Golden Top Listing Higher position than Top listing 2-3times better performance | HKD:3000 (or Hsemoney:3000) | Valid:60 days |
Rental Property | ||
Normal Listing Typical One | HKD:1000 (or Hsemoney:1000) | Valid:80 days |
Golden Top Listing Higher position than Top listing 2-3times better performance | HKD:3000 (or Hsemoney:3000) | Valid:60 days |