2024-05-03 28Hse Editor
Benefited from the resumption of customs clearance and other factors, the atmosphere of the property market continued to improve. Midland’s 35 index housing estates in Hong Kong recorded a total of 81 transactions in the past week (January 16-22) during the Lunar New Year holiday, compared with last year’s Lunar New Year The 34 cases during the New Year (January 31 to February 6) increased by 1.38 times, tying the record in 2011 and setting a new high for the same period in the past 12 years.
Liu Jiahui, chief analyst of Midland Realty, pointed out that if calculated on a weekly basis, due to the impact of the Lunar New Year holiday, the number of cases in 35 housing estates last week decreased by about 34.1% compared with the 123 cases in the previous week (January 9 to January 15); However, it is still about 26.6% higher than last year's average of about 64 cases per week, and the performance is still satisfactory.
Hong Kong, Kowloon and New Territories all fell month-on-month
If the 35 housing estates are divided into three districts, 10 housing estates in the Kowloon District recorded 22 cases, a weekly decrease of about 42.1%. 17 housing estates in the New Territories recorded 34 cases last week, a weekly decrease of about 41.4%. As for the 8 housing estates on Hong Kong Island, 25 cases were recorded, a decrease of about 7.4% from the previous week, and the decline was relatively slight.
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