2008: Residential price and rental indices
The Rating and Valuation Department's monthly residential price and rental indices for 2008, with charts, monthly records and year-end comparisons.
Reading this year
December 2008 all-class prices: 104.8, a -11.1% 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 2007 | December 2008 | December year-on-year change | Months available in year |
|---|---|---|---|---|
| All-class prices | 117.9 | 104.8 | -11.1% | 12/12 |
| Class A (under 40 m²) prices | 112.8 | 104.0 | -7.8% | 12/12 |
| Class B (40 to 69.9 m²) prices | 113.2 | 102.0 | -9.9% | 12/12 |
| Class C (70 to 99.9 m²) prices | 138.7 | 113.8 | -18% | 12/12 |
| Class D (100 to 159.9 m²) prices | 159.1 | 131.6 | -17.3% | 12/12 |
| Class E (160 m² or above) prices | 188.5 | 151.5 | -19.6% | 12/12 |
| All-class rents | 110.0 | 98.2 | -10.7% | 12/12 |
| Class A (under 40 m²) rents | 107.9 | 99.2 | -8.1% | 12/12 |
| Class B (40 to 69.9 m²) rents | 107.0 | 93.6 | -12.5% | 12/12 |
| Class C (70 to 99.9 m²) rents | 111.1 | 97.7 | -12.1% | 12/12 |
| Class D (100 to 159.9 m²) rents | 123.6 | 114.1 | -7.7% | 12/12 |
| Class E (160 m² or above) rents | 130.6 | 119.1 | -8.8% | 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 2008 | 123.2 | 118.9 | 118.2 | 143.7 | 164.2 | 190.0 | 112.6 | 110.2 | 109.3 | 115.8 | 126.5 | 134.4 |
| February 2008 | 125.5 | 121.7 | 120.4 | 146.5 | 165.6 | 192.5 | 115.3 | 112.4 | 111.9 | 118.6 | 132.1 | 137.1 |
| March 2008 | 126.4 | 122.8 | 121.0 | 147.7 | 167.1 | 193.7 | 118.3 | 115.7 | 114.9 | 121.5 | 135.0 | 139.9 |
| April 2008 | 124.7 | 121.3 | 119.5 | 143.3 | 166.2 | 194.2 | 118.1 | 115.1 | 114.9 | 121.3 | 134.1 | 142.5 |
| May 2008 | 126.4 | 122.8 | 121.3 | 147.1 | 167.0 | 195.2 | 120.9 | 118.6 | 117.2 | 123.2 | 138.2 | 145.7 |
| June 2008 | 126.6 | 123.2 | 121.4 | 147.9 | 169.6 | 197.3 | 121.5 | 117.9 | 117.8 | 127.3 | 138.7 | 149.2 |
| July 2008 | 124.9 | 121.1 | 120.6 | 144.8 | 162.9 | 196.4 | 121.7 | 118.2 | 117.4 | 126.0 | 144.9 | 149.4 |
| August 2008 | 122.9 | 119.4 | 118.7 | 142.9 | 158.1 | 195.1 | 121.1 | 117.6 | 117.2 | 126.8 | 137.9 | 148.5 |
| September 2008 | 121.9 | 118.7 | 118.0 | 140.4 | 157.7 | 180.3 | 118.8 | 115.5 | 114.1 | 123.8 | 139.8 | 147.6 |
| October 2008 | 114.3 | 112.6 | 110.7 | 127.6 | 145.6 | 166.6 | 114.9 | 113.1 | 109.7 | 119.7 | 133.4 | 142.1 |
| November 2008 | 104.9 | 104.2 | 101.6 | 116.1 | 131.2 | 150.7 | 106.8 | 105.4 | 101.8 | 108.9 | 125.7 | 138.1 |
| December 2008 | 104.8 | 104.0 | 102.0 | 113.8 | 131.6 | 151.5 | 98.2 | 99.2 | 93.6 | 97.7 | 114.1 | 119.1 |
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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.