Hong Kong Home Prices Rise for Ninth Consecutive Month

Private home prices in Hong Kong rose 1.6% in February for a ninth straight monthly gain. Analysts expect further growth this year amid stronger demand.

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Private residential property prices in Hong Kong recorded a 1.6% increase in February, marking the ninth consecutive month of growth as market sentiment continues to strengthen. According to data released on Friday by the Rating and Valuation Department, this follows a revised 1.0% gain in the previous month.

An expansive view of the city skyline in Hong Kong, China, during the summer of 2021. Credit: REUTERS/Tyrone Siu
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