2007: Residential price and rental indices

The Rating and Valuation Department's monthly residential price and rental indices for 2007, with charts, monthly records and year-end comparisons.

Reading this year

December 2007 all-class prices: 117.9, a +25.7% 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

90.0100.0110.0120.020062007
Dec 2007All-class prices117.9

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

Rental index trend

90.095.0100.0105.0110.020062007
Dec 2007All-class rents110.0

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 2006December 2007December year-on-year changeMonths available in year
All-class prices93.8117.9+25.7%12/12
Class A (under 40 m²) prices88.4112.8+27.6%12/12
Class B (40 to 69.9 m²) prices91.6113.2+23.6%12/12
Class C (70 to 99.9 m²) prices109.8138.7+26.3%12/12
Class D (100 to 159.9 m²) prices123.2159.1+29.1%12/12
Class E (160 m² or above) prices139.2188.5+35.4%12/12
All-class rents94.7110.0+16.2%12/12
Class A (under 40 m²) rents94.4107.9+14.3%12/12
Class B (40 to 69.9 m²) rents91.6107.0+16.8%12/12
Class C (70 to 99.9 m²) rents95.3111.1+16.6%12/12
Class D (100 to 159.9 m²) rents102.8123.6+20.2%12/12
Class E (160 m² or above) rents112.0130.6+16.6%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 200795.289.493.4109.3125.5145.395.493.992.895.5107.6110.5
February 200796.691.094.6111.5127.6144.695.694.092.497.5108.1112.7
March 200797.993.395.4112.0128.1149.696.994.993.998.9108.0116.4
April 200798.794.195.8114.1131.2152.598.497.594.399.8112.1117.3
May 2007100.595.597.9116.6131.5153.799.999.295.8100.9114.2117.5
June 2007101.696.698.8117.1135.7156.1100.599.395.8103.9115.5120.2
July 2007102.897.6100.2118.8136.1157.2102.5101.697.9104.4116.0126.4
August 2007104.098.9101.0120.1140.3164.9103.8102.499.7105.7117.4126.8
September 2007105.3100.0102.4120.9142.4169.2104.7103.4100.6107.1118.3126.8
October 2007108.5103.6104.9125.0146.0177.2106.2105.1101.9108.0121.4127.9
November 2007113.3108.9108.8131.5152.6178.7108.0106.6104.7108.6121.4127.9
December 2007117.9112.8113.2138.7159.1188.5110.0107.9107.0111.1123.6130.6

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.