Graph and download economic data for Residential Property Prices for Hong Kong SAR (QHKN628BIS) from Q4 1979 to Q1 2025 about Hong Kong, residential, HPI, housing, price index, indexes, and price.

Housing Index in Hong Kong increased to 136.68 points in July 6 from 136.56 points in the previous week. This dataset provides - Hong Kong House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

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.

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]

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.

Residential Property Prices in Hong Kong decreased 6.57 percent in March of 2025 over the same month in the previous year. This dataset includes a chart with historical data for Hong Kong Residential Property Prices.

In 2020, Hong Kong had the most expensive residential property market worldwide, with an average property price of 1.25 million U.S. dollars. The government of Hong Kong provide public housing for lower-income residents and almost 45 percent of the Hong Kong population lived in public permanent housing in 2018.

Description: This dataset provides historical housing prices scraped from Centaline Property Hong Kong, one of the largest real estate agencies in Hong Kong. The dataset includes information on the date of the transaction, the property address, floor plan, saleable area, unit rate, source, and district. The dataset covers a period of time spanning several years, allowing for analysis of trends and changes in the Hong Kong housing market.

Columns: Date: the date of the property transaction Address: the address of the property Floor Plan: -- Price: the price of the property Changes: any changes made to the property since the last transaction Saleable Area: the area of the property that can be sold to a buyer Unit Rate: the price per square foot of saleable area Source: the source of the data (Centaline Property Hong Kong/ Land Registry) District: the district in which the property is located in Hong Kong

Hong Kong HK: Private Property Market Yield: Annual: Offices: Grade A data was reported at 2.700 % pa in 2017. This records a decrease from the previous number of 3.000 % pa for 2016. Hong Kong HK: Private Property Market Yield: Annual: Offices: Grade A data is updated yearly, averaging 4.800 % pa from Dec 1987 (Median) to 2017, with 31 observations. The data reached an all-time high of 9.200 % pa in 1990 and a record low of 2.700 % pa in 2017. Hong Kong HK: Private Property Market Yield: Annual: Offices: Grade A 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.EB057: Office: Property Yields.

Hong Kong HK: Private Property Market Yield: Annual: Retail Premises data was reported at 2.500 % pa in 2017. This stayed constant from the previous number of 2.500 % pa for 2016. Hong Kong HK: Private Property Market Yield: Annual: Retail Premises data is updated yearly, averaging 5.600 % pa from Dec 1987 (Median) to 2017, with 31 observations. The data reached an all-time high of 8.900 % pa in 1987 and a record low of 2.400 % pa in 2015. Hong Kong HK: Private Property Market Yield: Annual: 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.EB088: Retail: Private: Property Yields.

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.

House price index in Hong Kong, March, 2025 The most recent value is 189.41 index points as of Q1 2025, a decline compared to the previous value of 192.55 index points. Historically, the average for Hong Kong from Q1 1990 to Q1 2025 is 121.77 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

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 HK: Private Property Market Yield: Domestic Premise: Class C data was reported at 2.300 % pa in Sep 2018. This records an increase from the previous number of 2.200 % pa for Aug 2018. Hong Kong HK: Private Property Market Yield: Domestic Premise: Class C data is updated monthly, averaging 3.600 % pa from Jan 1998 (Median) to Sep 2018, with 249 observations. The data reached an all-time high of 5.600 % pa in Nov 2001 and a record low of 2.200 % pa in Aug 2018. Hong Kong HK: Private Property Market Yield: Domestic Premise: Class C 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.EB033: Residential: Private: Property Yields.

Source Code: Q:HK:R:628

Coverage includes all types of new and existing dwellings in the whole country. The series is deflated using CPI.

For more information, please see https://www.bis.org/statistics/pp_detailed.htm.

Any use of the series shall be cited as follows: "Sources: National sources, BIS Residential Property Price database, http://www.bis.org/statistics/pp.htm."

Copyright, 2016, Bank for International Settlements (BIS). Terms and conditions of use are available at http://www.bis.org/terms_conditions.htm#Copyright_and_Permissions.

Hong Kong HK: Private Property Market Yield: Domestic Premise: Annual: 70 to 99.9 Sq m data was reported at 2.400 % pa in 2017. This records a decrease from the previous number of 2.600 % pa for 2016. Hong Kong HK: Private Property Market Yield: Domestic Premise: Annual: 70 to 99.9 Sq m data is updated yearly, averaging 4.300 % pa from Dec 1987 (Median) to 2017, with 31 observations. The data reached an all-time high of 9.100 % pa in 1987 and a record low of 2.400 % pa in 2017. Hong Kong HK: Private Property Market Yield: Domestic Premise: Annual: 70 to 99.9 Sq m 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.EB033: Residential: Private: Property Yields.

This statistic shows the price per square foot in selected prime residential markets worldwide in 2018. Hong Kong was the most expensive residential market globally with average prime residential values of ***** U.S. dollars per square foot.

Real residential property prices Y-on-Y, percent change in Hong Kong, March, 2025 The most recent value is -8.03 percent as of Q1 2025, an increase compared to the previous value of -9.38 percent. Historically, the average for Hong Kong from Q1 1990 to Q1 2025 is 3.89 percent. The minimum of -40.54 percent was recorded in Q3 1998, while the maximum of 45.93 percent was reached in Q1 1992. | TheGlobalEconomy.com

Hong Kong HK: Private Property Market Yield: Domestic Premise: Annual: Over 160 Sq m data was reported at 2.000 % pa in 2017. This records a decrease from the previous number of 2.200 % pa for 2016. Hong Kong HK: Private Property Market Yield: Domestic Premise: Annual: Over 160 Sq m data is updated yearly, averaging 3.300 % pa from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 7.600 % pa in 1991 and a record low of 2.000 % pa in 2017. Hong Kong HK: Private Property Market Yield: Domestic Premise: Annual: Over 160 Sq m 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.EB036: Residential: Private: Property Yields.