2004: Residential price and rental indices
The Rating and Valuation Department's monthly residential price and rental indices for 2004, with charts, monthly records and year-end comparisons.
Reading this year
December 2004 all-class prices: 83.3, a +27.4% 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 2003 | December 2004 | December year-on-year change | Months available in year |
|---|---|---|---|---|
| All-class prices | 65.4 | 83.3 | +27.4% | 12/12 |
| Class A (under 40 m²) prices | 63.2 | 76.4 | +20.9% | 12/12 |
| Class B (40 to 69.9 m²) prices | 64.4 | 82.6 | +28.3% | 12/12 |
| Class C (70 to 99.9 m²) prices | 70.0 | 94.1 | +34.4% | 12/12 |
| Class D (100 to 159.9 m²) prices | 79.1 | 107.9 | +36.4% | 12/12 |
| Class E (160 m² or above) prices | 85.6 | 120.8 | +41.1% | 12/12 |
| All-class rents | 72.6 | 80.6 | +11% | 12/12 |
| Class A (under 40 m²) rents | 72.0 | 77.5 | +7.6% | 12/12 |
| Class B (40 to 69.9 m²) rents | 71.8 | 79.0 | +10% | 12/12 |
| Class C (70 to 99.9 m²) rents | 72.4 | 82.9 | +14.5% | 12/12 |
| Class D (100 to 159.9 m²) rents | 75.4 | 87.4 | +15.9% | 12/12 |
| Class E (160 m² or above) rents | 78.6 | 92.4 | +17.6% | 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 2004 | 69.5 | 66.4 | 68.8 | 75.4 | 81.1 | 92.2 | 73.9 | 73.2 | 73.2 | 73.2 | 77.7 | 78.8 |
| February 2004 | 73.2 | 69.2 | 72.4 | 81.5 | 86.9 | 96.2 | 74.4 | 72.9 | 73.7 | 75.0 | 80.2 | 78.8 |
| March 2004 | 78.1 | 72.9 | 77.1 | 89.0 | 96.0 | 102.9 | 76.0 | 74.4 | 74.8 | 77.9 | 80.2 | 82.4 |
| April 2004 | 79.4 | 73.4 | 79.2 | 89.3 | 98.1 | 101.7 | 77.0 | 74.8 | 76.4 | 78.6 | 81.9 | 82.7 |
| May 2004 | 77.5 | 72.8 | 76.4 | 87.4 | 96.0 | 103.1 | 77.3 | 75.2 | 76.6 | 77.7 | 83.6 | 83.6 |
| June 2004 | 74.7 | 69.7 | 73.9 | 83.2 | 92.1 | 106.3 | 78.0 | 75.8 | 76.4 | 79.3 | 84.9 | 86.4 |
| July 2004 | 74.9 | 70.0 | 74.0 | 83.9 | 93.4 | 103.5 | 77.9 | 75.5 | 76.4 | 78.8 | 84.5 | 87.7 |
| August 2004 | 77.6 | 73.1 | 76.4 | 87.8 | 93.3 | 104.1 | 78.4 | 76.0 | 76.8 | 79.5 | 85.7 | 87.7 |
| September 2004 | 80.9 | 74.7 | 80.5 | 91.2 | 100.3 | 113.8 | 79.4 | 76.3 | 78.0 | 80.8 | 85.8 | 91.7 |
| October 2004 | 84.1 | 77.6 | 83.2 | 95.8 | 106.0 | 117.1 | 79.5 | 76.6 | 78.2 | 80.5 | 87.8 | 89.2 |
| November 2004 | 82.7 | 75.9 | 81.6 | 95.1 | 106.8 | 117.3 | 80.5 | 77.2 | 78.5 | 84.4 | 88.6 | 91.5 |
| December 2004 | 83.3 | 76.4 | 82.6 | 94.1 | 107.9 | 120.8 | 80.6 | 77.5 | 79.0 | 82.9 | 87.4 | 92.4 |
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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.