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Hong Kong Home Prices Rise for 11th Month

Prices for used homes hit their highest level since October 2023, extending a rebound driven by stronger buying confidence, tighter supply and improving rental yields. Photo: VCG

Prices for used homes hit their highest level since October 2023, extending a rebound driven by stronger buying confidence, tighter supply and improving rental yields. Photo: VCG

Prices for used homes hit their highest level since October 2023, extending a rebound driven by stronger buying confidence, tighter supply and improving rental yields. Photo: VCG

Hong Kong’s existing-home prices rose for an 11th straight month in April, extending a recovery driven by stronger demand and rising rents, with analysts turning more bullish on the market outlook.

The city government’s Rating and Valuation Department said the secondhand private residential price index climbed to 316.6 in April, up 0.89% from March and the highest since October 2023. Since June 2025, the index has gained 10.51%. Prices kept rising strongly this year, with month-on-month increases of 1.58% in February and 1.4% in March.

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