Central Plains CCL fell 0.31% on a weekly basis and hit a five-month low, temporarily rising 10.06% in 2026

The Zhitong Finance App learned that Yang Mingyi, senior co-director of the Central Plains Real Estate Research Department, pointed out that the latest report of the Central Plains City Leading Index (CCL) was 158.61 points, down 0.31% from week to week. The index hit a five-month low after the beginning of June this year. Many first-hand new listings are popular at low prices, dividing second-hand purchasing power. Coupled with Hong Kong stocks falling more than 1,000 points this week and falling below 23,000 points again after mid-July, owners' attitudes began to soften, and they needed to expand their bargaining space before they were accepted by buyers, affecting the continuous adjustment and weakening of property prices.

She added that CCL continued to decline for 5 weeks, which was repeated almost 2 and a half years after June to July 2024, with a total decline of 1.61%. The index fell three times higher in the past 12 weeks, down 2.19% from its high of 162.16 points in mid-August this year, and is close to the short-term target of 158 points, which is the level before the China Securities Regulatory Commission cracked down on illegal cross-border capital outflows at the end of May this year.

Property prices in District 4 fell three times and rose by one. New Territories West CCL_Mass reported 144.7 points, down 1.68% on a weekly basis. The decline was the biggest since 42 weeks of mid-January 2026, ending 3 weeks of continuous rise. The index was at a low of nearly 1 month in mid-October 2026. New Territories East CCL_Mass reported 177.64 points, a slight increase of 0.08% on a weekly basis, and a total increase of 2.68% for 3 consecutive weeks. The index was at a high level of more than 2 months. Kowloon's CCL_Mass reported 156.77 points, down 0.4% from week to week. The index was at a 5-month low. Hong Kong Island's CCL_Mass reported 156.58 points, a slight decrease of 0.06% on a weekly basis, and a total of 5.05% for 5 consecutive weeks. The index was at a low of nearly 7 months.

In 2026, CCL temporarily increased by 10.06%, CCL Mass by 9.95%, CCL (small and medium units) by 9.88%, CCL (large units) by 10.97%, Hong Kong Island by 11.72%, Kowloon by 8.32%, New Territories East by 11.99%, and New Territories by 9.02%.