The property price index rebounded briefly, the downward trend is expected to maintain

The Central Plains City Leading Index CCL recently reported 180.75 points, up 0.49% on a weekly basis. Huang Liangsheng, senior co-director of Centaline Property Research, pointed out that the relevant index mainly reflects the trading in mid-to-late February, when the just-released budget announced the relaxation of the mortgage insurance plan, which stimulated a short-term recovery in property prices. All items rose, including CCL (small and medium-sized units), CCL (large units), etc., and 7 of the 8 indexes rose. However, as the epidemic has not subsided, the bank expects that the downward direction of CCL will remain unchanged.

In addition to the Central Plains Leading Index, the leading index of large housing estates, CCL Mass, reported 182.30 points, up 0.6% from a week earlier; CCL (small and medium-sized units) reported 180.38 points, up 0.58%; CCL (large units) reported 182.67 points, up 0.06%. The latest CCL is calculated based on the transactions of Centaline Group, which signed a formal sales and purchase agreement from March 7 to 13, and more than 90% of the transactions were signed from February 21 to February 27. Provisional sales and purchase contracts.

The epidemic has not returned, and it is expected to continue to test low levels

Huang Liangsheng believes that the rebound of the four major overall indexes mainly reflects the market conditions in the week when the fiscal budget announced on February 23 to relax the mortgage guarantee. Although CCL has rebounded briefly, and the policy of relaxing mortgage insurance has continuity, but the epidemic has not subsided, I believe that the increase will be hindered. Point low. The impact of the US interest rate hike on the Hong Kong property market is estimated to be reflected in the CCL released in early April.

Buyers hold flat goods to inspect flats and increase the number of appointments

And this week's appointments for property inspections have also improved. The top ten housing estates of Centaline Real Estate recorded 418 units of property inspection appointments on Saturday and Sunday, a weekly increase of 21.9%, hitting a new high in the past eight weeks. Chen Yongjie, vice chairman of the Asia Pacific region and president of the residential department of Centaline Properties, said that the fifth wave of the epidemic is gradually emerging, and the number of confirmed cases has stopped rising recently. It is more positive, and the overall atmosphere of property inspection has improved significantly.

Midland Properties recorded about 363 property inspections in 15 benchmark housing estates this Saturday and Sunday, an increase of 6.5% over the previous weekend and a 4-week rise in a row. Bu Shaoming, CEO of Midland Realty's Residential Department (Hong Kong and Macau), said that the U.S. interest rate hike is in line with market expectations and has limited impact on the property market. With the government's announcement that the government will launch a job guarantee plan to revive the economy, it will bring support to the property market. Property prices are expected to rise about 5%.

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