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RVD: HK Nov Private Residential Property Price Index Up Less than 0.1% MoM, On 2Mth Rise
Recommend 5 Positive 7 Negative 2 |
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Hong Kong's Private Residential Property Price Index edged up by 0.07% MoM to 290.9 in November, up for two straight months, but still hovering at the edge of the over-eight-year low, the Rating and Valuation Department (RVD) announced. It was also 26.9% lower than its record high as set in September 2021. On a YoY basis, it sank 7.8%. YTD, it has shed a total of 6.6%. Hong Kong's Private Residential Property Rental Index for November came in at 193.1, down 0.4% MoM and down for the second consecutive month. On a YoY basis, it added 4.1%. YTD, it has gained a total of 3.8%. AAStocks Financial News |
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