Hong Kong Property Market Shows Continued Growth

Six Consecutive Months of Price Increase

Hong Kong's private residential property prices have demonstrated significant resilience with a 0.9% month-on-month increase in November 2025, according to data from the Rating and Valuation Department. This marks the sixth consecutive month of growth, indicating a strong recovery in the property market. The increase was previously reported at 0.4% in October after revisions.

Factors Driving the Growth

The recent surge in property prices can be attributed to several key factors. Interest rate cuts have made borrowing more affordable, while a buoyant stock market has enhanced overall investor confidence. These factors have combined to boost buyer sentiment, driving demand in the property market. The positive trend is evident in both month-on-month and year-to-date figures, with prices showing a 2.8% increase year-to-date, reversing the declining trend observed since 2021.

Market Implications

The sustained growth in Hong Kong's property market suggests a positive outlook for the local economy. As interest rates remain accommodative and the stock market continues to perform well, the property sector is likely to remain robust. This trend is particularly significant as it marks a departure from the declining prices seen in previous years, indicating a potential stabilization and recovery in the market.