1996: Residential price and rental indices

The Rating and Valuation Department's monthly residential price and rental indices for 1996, with charts, monthly records and year-end comparisons.

Reading this year

December 1996 all-class prices: 134.5, a +29.5% change from the previous December.

This report shows indices, not property prices or monthly rent amounts. Relative movements can be compared between categories; an index is not a flat's sale price.

Price index trend

100.0110.0120.0130.0140.019951996
Dec 1996All-class prices134.5

Where available, the previous December is shown as a starting reference. Missing values are not treated as zero or estimated.

Rental index trend

114.0116.0118.0120.0122.0124.019951996
Dec 1996All-class rents122.7

Where available, the previous December is shown as a starting reference. Missing values are not treated as zero or estimated.

Year-end values and coverage

SeriesDecember 1995December 1996December year-on-year changeMonths available in year
All-class prices103.9134.5+29.5%12/12
Class A (under 40 m²) prices106.3132.5+24.6%12/12
Class B (40 to 69.9 m²) prices102.7135.2+31.6%12/12
Class C (70 to 99.9 m²) prices102.9136.5+32.7%12/12
Class D (100 to 159.9 m²) prices99.2139.2+40.3%12/12
Class E (160 m² or above) prices94.0140.2+49.1%12/12
All-class rents115.7122.7+6.1%12/12
Class A (under 40 m²) rents110.7116.8+5.5%12/12
Class B (40 to 69.9 m²) rents115.3125.3+8.7%12/12
Class C (70 to 99.9 m²) rents123.9130.3+5.2%12/12
Class D (100 to 159.9 m²) rents117.6124.7+6%12/12
Class E (160 m² or above) rents121.1122.8+1.4%12/12

Changes appear only when both December values exist. Provisional or low-transaction markers are retained with the values.

Monthly published records

MonthAll-class pricesClass A (under 40 m²) pricesClass B (40 to 69.9 m²) pricesClass C (70 to 99.9 m²) pricesClass D (100 to 159.9 m²) pricesClass E (160 m² or above) pricesAll-class rentsClass A (under 40 m²) rentsClass B (40 to 69.9 m²) rentsClass C (70 to 99.9 m²) rentsClass D (100 to 159.9 m²) rentsClass E (160 m² or above) rents
January 1996105.2106.9104.7102.0100.2102.5116.2112.6115.1122.6121.6117.7
February 1996108.5109.1108.6107.2106.4104.5116.9111.8117.7125.5118.9117.2
March 1996112.8112.2114.5109.2107.6109.9116.6114.7115.2121.0120.9117.2
April 1996112.1112.1112.4110.9109.6113.4116.5113.4116.9122.1117.3117.3
May 1996113.5113.3113.5114.2111.7116.8118.1113.7118.1123.8120.1123.0
June 1996115.0114.7114.8117.1114.8116.3117.4115.4117.0122.7117.6118.7
July 1996114.6115.4114.0114.2115.0115.8119.7115.8119.5127.0123.1121.4
August 1996117.4116.8118.5116.4113.9115.6119.1114.5120.0123.6121.6123.2
September 1996118.2119.0117.7117.0118.7116.5121.2116.7121.9126.3123.5124.8
October 1996123.1122.4123.3124.0125.7124.1121.4115.0123.6126.5126.0124.0
November 1996128.0127.1128.2129.1130.0135.7121.8117.2122.2125.5127.3125.9
December 1996134.5132.5135.2136.5139.2140.2122.7116.8125.3130.3124.7122.8

Source: Rating and Valuation Department Property Market Statistics, obtained through DATA.GOV.HK. The Government owns the intellectual property rights in the data; this page is not endorsed by the Government.