The Midland Confidence Index remained flat week-on-week, while the Midland Property Price Index fell by 0.3% week-on-week
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The confidence index of Midland Realty is reported at 63.7 points, unchanged week-on-week, with little change in discounted listings due to the influence of the Lunar New Year. The Midland Property Price Index is reported at 128.32 points, down 0.3% week-on-week. Property prices in all districts have declined, with Hong Kong Island, Kowloon, and the New Territories dropping by 0.13%, 0.15%, and 0.5% respectively. Year-to-date, property prices in Hong Kong Island and the New Territories have decreased by 0.24% and 0.41% respectively, while Kowloon has increased by 0.98%
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