2002: Residential price and rental indices
The Rating and Valuation Department's monthly residential price and rental indices for 2002, with charts, monthly records and year-end comparisons.
Reading this year
December 2002 all-class prices: 64.8, a -12.2% 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
Where available, the previous December is shown as a starting reference. Missing values are not treated as zero or estimated.
Rental index trend
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
| Series | December 2001 | December 2002 | December year-on-year change | Months available in year |
|---|---|---|---|---|
| All-class prices | 73.8 | 64.8 | -12.2% | 12/12 |
| Class A (under 40 m²) prices | 72.3 | 62.7 | -13.3% | 12/12 |
| Class B (40 to 69.9 m²) prices | 74.1 | 64.9 | -12.4% | 12/12 |
| Class C (70 to 99.9 m²) prices | 75.5 | 67.0 | -11.3% | 12/12 |
| Class D (100 to 159.9 m²) prices | 78.4 | 73.1 | -6.8% | 12/12 |
| Class E (160 m² or above) prices | 82.5 | 80.5 | -2.4% | 12/12 |
| All-class rents | 89.5 | 77.8 | -13.1% | 12/12 |
| Class A (under 40 m²) rents | 87.5 | 76.6 | -12.5% | 12/12 |
| Class B (40 to 69.9 m²) rents | 87.7 | 76.7 | -12.5% | 12/12 |
| Class C (70 to 99.9 m²) rents | 91.4 | 76.3 | -16.5% | 12/12 |
| Class D (100 to 159.9 m²) rents | 95.7 | 83.1 | -13.2% | 12/12 |
| Class E (160 m² or above) rents | 99.6 | 87.1 | -12.6% | 12/12 |
Changes appear only when both December values exist. Provisional or low-transaction markers are retained with the values.
Monthly published records
| Month | All-class prices | Class A (under 40 m²) prices | Class B (40 to 69.9 m²) prices | Class C (70 to 99.9 m²) prices | Class D (100 to 159.9 m²) prices | Class E (160 m² or above) prices | All-class rents | Class A (under 40 m²) rents | Class B (40 to 69.9 m²) rents | Class C (70 to 99.9 m²) rents | Class D (100 to 159.9 m²) rents | Class E (160 m² or above) rents |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| January 2002 | 74.1 | 72.6 | 74.5 | 75.7 | 78.2 | 84.0 | 88.3 | 86.5 | 85.8 | 91.3 | 95.3 | 99.3 |
| February 2002 | 73.9 | 73.4 | 73.7 | 74.3 | 78.2 | 86.2 | 87.4 | 84.9 | 85.3 | 90.9 | 94.8 | 98.0 |
| March 2002 | 73.3 | 71.9 | 73.6 | 74.3 | 78.0 | 85.2 | 86.5 | 83.8 | 84.9 | 88.4 | 94.4 | 97.4 |
| April 2002 | 72.3 | 70.4 | 72.7 | 74.3 | 77.9 | 84.9 | 86.0 | 83.3 | 84.8 | 87.9 | 93.4 | 96.0 |
| May 2002 | 72.4 | 69.4 | 73.7 | 73.9 | 77.7 | 84.4 | 84.6 | 81.8 | 83.5 | 86.8 | 92.3 | 93.6 |
| June 2002 | 71.9 | 69.4 | 72.6 | 74.3 | 77.3 | 83.2 | 83.9 | 81.5 | 82.5 | 86.2 | 89.6 | 94.2 |
| July 2002 | 70.9 | 69.0 | 71.4 | 72.3 | 77.2 | 80.8 | 83.2 | 80.8 | 81.7 | 85.7 | 89.4 | 93.9 |
| August 2002 | 68.3 | 66.9 | 68.1 | 70.6 | 76.4 | 79.2 | 82.7 | 80.4 | 81.3 | 84.9 | 88.1 | 94.2 |
| September 2002 | 66.7 | 64.1 | 67.5 | 68.4 | 75.3 | 76.9 | 81.4 | 80.3 | 79.4 | 81.9 | 86.8 | 93.5 |
| October 2002 | 65.4 | 64.0 | 64.7 | 68.7 | 75.1 | 77.2 | 80.0 | 77.6 | 78.8 | 80.3 | 86.3 | 92.7 |
| November 2002 | 65.1 | 62.9 | 64.9 | 68.8 | 75.1 | 79.4 | 79.1 | 77.5 | 77.4 | 79.6 | 83.8 | 91.4 |
| December 2002 | 64.8 | 62.7 | 64.9 | 67.0 | 73.1 | 80.5 | 77.8 | 76.6 | 76.7 | 76.3 | 83.1 | 87.1 |
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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.