Central Plains: Hong Kong's private residential sales price index has been rising for 13 consecutive months, and property prices are expected to rise by about 3%-5% in the second half of the year

The Zhitong Finance App learned that in June, the Hong Kong private residential sales price index continued to rise, while rents rose steadily, causing many users to sublease to buy, attracting long-term investors to buy properties and collect rent. Chen Yongjie, vice chairman of the Asia Pacific region of Central Plains Real Estate and president of the Housing Department, said that with the favorable factors in the property market unchanged, the property market is expected to continue to rise, with property prices rising by about 3% to 5% in the second half of the year.

According to the property price index released by the Hong Kong Differential Assessment Authority, the Hong Kong Private Residential Sales Price Index reported 323.2 points in June 2026, up 0.3% from month to month. The increase slowed, but the index continued to rise for 13 months, reaching a year-on-year increase of 12.7%. Property prices have increased 7.88% in the first six months of 2026. The rent index reached another record high in June, up 0.93% from the previous month.

Chen Yongjie said that due to the influence of peripheral markets in June, peace talks between the US and Iran have been slow to reach a consensus. Coupled with the World Cup affecting house-viewing activities, developers were afraid to rashly push for the first time in 17 months. The decline in transaction volume has led to a slowdown in the rise in property prices.

Chen Yongjie pointed out that according to the CCL of the Central Plains City Leading Index, the four indices announced in July had mixed results. The trend of the property market in the coming month or two is likely to be influenced by US interest rate discussions this week. If the US suddenly raises interest rates, it is believed that it will cause pain to the Hong Kong property market, but the number of interest rate hikes is not expected, and the interest rate environment will remain low in the long run. Another key factor is the steady rise in rents in Hong Kong, providing stable rent returns for buying and collecting rents.

The rent index reached a record high in June, rising for 8 months and up 0.93% from month to month. Chen Yongjie pointed out that the increase in quotas for professionals and overseas students has made demand for housing in Hong Kong unabated. It is difficult to find private property rentals during the summer vacation. The rental transactions facilitated by Central Plains Real Estate in June were nearly 3,000, more than double the previous month, and huge rental demand continued to reach new highs, and rental returns for private buildings in urban areas stabilized at more than 3%.