Housing Index in Hong Kong increased to 136.13 points in June 22 from 135.60 points in the previous week. This dataset provides - Hong Kong House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Residential Property Prices for Hong Kong SAR (QHKN368BIS) from Q4 1980 to Q4 2024 about Hong Kong, residential, housing, and price.

Graph and download economic data for Real Residential Property Prices for Hong Kong SAR (QHKR628BIS) from Q4 1979 to Q1 2025 about Hong Kong, residential, HPI, housing, real, price index, indexes, and price.

Key information about Hong Kong SAR (China) Gold Production

• Hong Kong SAR (China) Real Residential Property Price Index was reported at 132.982 2010=100 in Sep 2024.
• This records a decrease from the previous number of 140.888 2010=100 for Jun 2024.
• Hong Kong SAR (China) Real Residential Property Price Index data is updated quarterly, averaging 76.683 2010=100 from Dec 1979 to Sep 2024, with 180 observations.
• The data reached an all-time high of 198.526 2010=100 in Sep 2018 and a record low of 28.660 2010=100 in Sep 1984.
• Hong Kong SAR (China) Real Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly. [COVID-19-IMPACT]

House Price Index MoM in Hong Kong increased to 0.67 percent in May from 0.41 percent in April of 2025. This dataset includes a chart with historical data for Hong Kong Private Residential Price Index MoM.

House price index in Hong Kong, December, 2024 The most recent value is 192.55 index points as of Q4 2024, a decline compared to the previous value of 193.83 index points. Historically, the average for Hong Kong from Q1 1990 to Q4 2024 is 121.29 index points. The minimum of 28.36 index points was recorded in Q1 1990, while the maximum of 263.65 index points was reached in Q3 2021. | TheGlobalEconomy.com

Key information about House Prices Growth

• Hong Kong SAR (China) house prices dropped 6.4% YoY in Jan 2025, following a decrease of 7.2% YoY in the previous month.
• YoY growth data is updated monthly, available from Jan 1994 to Jan 2025, with an average growth rate of 3.4%.
• House price data reached an all-time high of 51.8% in May 1997 and a record low of -44.7% in Oct 1998.

Residential Property Prices in Hong Kong decreased 8.18 percent in December of 2024 over the same month in the previous year. This dataset includes a chart with historical data for Hong Kong Residential Property Prices.

Key information about Hong Kong SAR (China) Nominal Residential Property Price Index

• Hong Kong SAR (China) Nominal Residential Property Price Index was reported at 193.826 2010=100 in Sep 2024.
• This records a decrease from the previous number of 202.684 2010=100 for Jun 2024.
• Hong Kong SAR (China) Nominal Residential Property Price Index data is updated quarterly, averaging 67.149 2010=100 from Dec 1979 to Sep 2024, with 180 observations.
• The data reached an all-time high of 263.648 2010=100 in Sep 2021 and a record low of 10.934 2010=100 in Dec 1979.
• Hong Kong SAR (China) Nominal Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Nominal Residential Property Price Index: 2010=100: Quarterly.

Key information about Hong Kong SAR (China) Real Residential Property Price Index Growth

• Hong Kong SAR (China) Real Residential Property Price Index Growth was reported at -15.142 % in Sep 2024.
• This records a decrease from the previous number of -13.833 % for Jun 2024.
• Hong Kong SAR (China) Real Residential Property Price Index Growth data is updated quarterly, averaging 2.818 % from Dec 1980 to Sep 2024, with 176 observations.
• The data reached an all-time high of 45.934 % in Mar 1992 and a record low of -40.539 % in Sep 1998.
• Hong Kong SAR (China) Real Residential Property Price Index Growth data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly: YoY %.

Hong Kong HK: Property Prices Index: 1999=100: Domestic Premises: PD: New Territories (NT) data was reported at 319.300 1999=100 in Sep 2018. This records a decrease from the previous number of 324.300 1999=100 for Aug 2018. Hong Kong HK: Property Prices Index: 1999=100: Domestic Premises: PD: New Territories (NT) data is updated monthly, averaging 106.100 1999=100 from Jan 1992 (Median) to Sep 2018, with 321 observations. The data reached an all-time high of 324.400 1999=100 in Jul 2018 and a record low of 54.600 1999=100 in Jul 2003. Hong Kong HK: Property Prices Index: 1999=100: Domestic Premises: PD: New Territories (NT) data remains active status in CEIC and is reported by Rating and Valuation Department. The data is categorized under Global Database’s Hong Kong – Table HK.EB015: Residential: Price Index: 1999=100.

Hong Kong HK: Property Price Index: 1999=100: Offices: Grade A: Core Districts data was reported at 703.700 1999=100 in Oct 2018. This records an increase from the previous number of 468.100 1999=100 for Sep 2018. Hong Kong HK: Property Price Index: 1999=100: Offices: Grade A: Core Districts data is updated monthly, averaging 198.350 1999=100 from Jan 1993 (Median) to Oct 2018, with 310 observations. The data reached an all-time high of 703.700 1999=100 in Oct 2018 and a record low of 57.900 1999=100 in Apr 2003. Hong Kong HK: Property Price Index: 1999=100: Offices: Grade A: Core Districts data remains active status in CEIC and is reported by Rating and Valuation Department. The data is categorized under Global Database’s Hong Kong SAR – Table HK.EB051: Office: Price Index: 1999=100.

Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2024. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 116.2 index points. The index measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. An index value of 120, for example, would mean that house price growth has outpaced income growth by 20 percent since 2015. How have house prices worldwide changed since the COVID-19 pandemic? House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price growth (accounting for inflation) peaked in 2022 and has since lost some of the gain. Although, many countries experienced a decline in house prices, the global house price index shows that property prices in 2023 were still substantially higher than before COVID-19. Renting vs. buying In the past, house prices have grown faster than rents. However, the home affordability has been declining notably, with a direct impact on rental prices. As people struggle to buy a property of their own, they often turn to rental accommodation. This has resulted in a growing demand for rental apartments and soaring rental prices.

Hong Kong (DC)Property Price Index: Qtr: 1989=100: DP: Under 40 sqm data was reported at 198.000 1989=100 in Sep 2000. This records a decrease from the previous number of 204.000 1989=100 for Jun 2000. Hong Kong (DC)Property Price Index: Qtr: 1989=100: DP: Under 40 sqm data is updated quarterly, averaging 109.000 1989=100 from Mar 1980 (Median) to Sep 2000, with 83 observations. The data reached an all-time high of 388.000 1989=100 in Sep 1997 and a record low of 43.000 1989=100 in Dec 1984. Hong Kong (DC)Property Price Index: Qtr: 1989=100: DP: Under 40 sqm data remains active status in CEIC and is reported by Rating and Valuation Department. The data is categorized under Global Database’s Hong Kong – Table HK.EB015: Residential: Price Index: 1999=100.

In 2023, the average price of permanent housing in Hong Kong Island dropped to around ******* Hong Kong dollars per square meter on average. The city had the highest property prices in the region.

Hong Kong HK: Property Price Index: 1999=100: Retail Premises data was reported at 601.600 1999=100 in Sep 2018. This records an increase from the previous number of 598.800 1999=100 for Aug 2018. Hong Kong HK: Property Price Index: 1999=100: Retail Premises data is updated monthly, averaging 157.300 1999=100 from Jan 1993 (Median) to Sep 2018, with 309 observations. The data reached an all-time high of 601.600 1999=100 in Sep 2018 and a record low of 79.400 1999=100 in Jul 2003. Hong Kong HK: Property Price Index: 1999=100: Retail Premises data remains active status in CEIC and is reported by Rating and Valuation Department. The data is categorized under Global Database’s Hong Kong SAR – Table HK.EB082: Retail: Price Index: 1999=100.

In 2019, Hong Kong had the most expensive residential property market worldwide, with an average price per square foot of 1,987 U.S. dollars.

Hong Kong

Hong Kong, an autonomous special administrative region of China, has one of the least affordable housing markets in the world. A region with an estimated 7.49 million people, it has become increasingly difficult to purchase a home in Hong Kong. The spoken languages in Hong Kong are Cantonese, Mandarin, and English.

Hong Kong housing market

The housing market in Hong Kong has seen an increase in prices in the past couple years. There are two types of housing unit offers in Hong Kong, private and public. The number of public rental housing units has been consistently rising since 2008. Nearly half of the public rental apartments in Hong Kong as of March 2018 were between 30 and 39.9 square meters. Not only has the number of public rental housing units increased since 2008, so have the private ones. However, there are more private housing units than public ones in Hong Kong. Additionally, the Home Ownership Scheme exists in Hong Kong. It is a government sponsored program that subsidizes public housing in Hong Kong. First created in the late 1970s, it was instituted with two targets in mind. The first was to persuade the richer tenants of these apartments to leave so families in greater need could live there. The second was to allow these families to become home owners, since they did not have enough money to buy in the private sector. Under this program, the government sells apartments to qualified low-income tenants at prices below the market value.

Hong Kong Property Price Index: Qtr: 1999=100: Domestic Premise (DP) data was reported at 392.700 1999=100 in Sep 2018. This records an increase from the previous number of 383.800 1999=100 for Jun 2018. Hong Kong Property Price Index: Qtr: 1999=100: Domestic Premise (DP) data is updated quarterly, averaging 92.950 1999=100 from Dec 1979 (Median) to Sep 2018, with 156 observations. The data reached an all-time high of 392.700 1999=100 in Sep 2018 and a record low of 16.500 1999=100 in Dec 1979. Hong Kong Property Price Index: Qtr: 1999=100: Domestic Premise (DP) data remains active status in CEIC and is reported by Rating and Valuation Department. The data is categorized under Global Database’s Hong Kong SAR – Table HK.EB015: Residential: Price Index: 1999=100.

To investigate the issue of inflation-hedging to find appropriate hedging assets against inflation by using the VAR or VECM model. We have collected data encompassing housing price indices, stock indices, price indexes, and money supply from five countries: the United States, Hong Kong, South Korea, Singapore, and Taiwan. The housing price index focuses on the transaction prices of listed residential houses in the metropolitan area as the benchmark, the stock price index is the ordinary stock market index of various countries, the price index is the consumer price index (CPI), and the money supply is M2 aggregate. The time period for obtaining data on the housing price index and stock price index is not the same.

In 2018, the average prime property price in Hong Kong was 6.87 million U.S. dollars. Shanghai and Moscow had the next highest prime property prices at 2.43 and 2.38 million U.S. dollars respectively.