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<HK Home>RVD: HK Sep Private Residential Property Price Index Dips 1.7% MoM, Sinking for 5 Mths & Hitting 8-yr Low
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Hong Kong's Private Residential Property Price Index for September came in at 287.9, a continuous MoM downfall of 1.7%, being the fifth consecutive month of decline, and logging an eight-year low, the Rating and Valuation Department (RVD) announced. The index has also grossed slump of 27.7% from its all-time high in September 2021. On a YoY basis, it sank 12.5%. YTD, it has grossed decreases of 7.5%. Hong Kong's Private Housing Rental Index for September was 196, a continuous MoM rise of 0.05%, being the seventh consecutive month of growth, and setting a new high in more than five years. On a YoY basis, it rose 5.8%. YTD, it has grossed gains of 5.4%. AAStocks Financial News |
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