In the "Hong Kong Property" Centaline Valuation Index (major banks) CVI has risen for two consecutive weeks, reaching a nearly three-year high

Yang Mingyi, Senior Co-Director of the Research Department at Centaline Property, pointed out that this week the CVI reported a latest figure of 86.71 points, an increase of 1.74 points week-on-week (the index remained the same as the previous week during the Lunar New Year). The atmosphere in the property market remains hot after the Lunar New Year, with the CVI rising for two consecutive weeks, totaling an increase of 10.66 points, reaching the highest level in nearly three years since the end of March 2023. Banks maintain a positive and optimistic valuation stance, with the CVI consistently holding above the optimistic zone for 20 weeks, stabilizing above 80 points in the past two weeks, indicating an expansion in property price increases. Recently, the interbank borrowing rate has gently declined, helping to alleviate the pressure on banks' funding costs, and the CVI is expected to maintain above the 80-point level.

The latest CCL reported 149.39 points, which is 10.53% higher than the low of 135.16 points during the week when the H interest rate was capped in May 2025. After the financial plan relaxed the stamp duty, it increased by 10.75%, and compared to the low of 135.86 points before the interest rate cut cycle, it has risen by 9.96%. Property prices in 2025 have temporarily increased by 4.70%. For 2026, the temporary increase is 3.66%