2022: Residential price and rental indices

The Rating and Valuation Department's monthly residential price and rental indices for 2022, with charts, monthly records and year-end comparisons.

Reading this year

December 2022 all-class prices: 334.7, a -15% 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

320.0340.0360.0380.0400.020212022
Dec 2022All-class prices334.7

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

Rental index trend

174.0176.0178.0180.0182.0184.020212022
Dec 2022All-class rents175.5

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 2021December 2022December year-on-year changeMonths available in year
All-class prices393.9334.7-15%12/12
Class A (under 40 m²) prices434.9368.9-15.2%12/12
Class B (40 to 69.9 m²) prices381.3322.0-15.6%12/12
Class C (70 to 99.9 m²) prices346.0304.9-11.9%12/12
Class D (100 to 159.9 m²) prices331.7301.7-9%12/12
Class E (160 m² or above) prices307.6300.2 few transactions-2.4%12/12
All-class rents182.7175.5-3.9%12/12
Class A (under 40 m²) rents200.1194.6-2.7%12/12
Class B (40 to 69.9 m²) rents182.0173.1-4.9%12/12
Class C (70 to 99.9 m²) rents158.4149.5-5.6%12/12
Class D (100 to 159.9 m²) rents151.0143.6-4.9%12/12
Class E (160 m² or above) rents141.6133.6-5.6%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 2022390.8433.8377.4342.5326.0306.9181.1196.4181.2157.7153.6139.6
February 2022383.6423.1371.9337.8317.6303.5180.2196.4179.6156.5150.7141.1
March 2022381.4420.1370.6335.3310.1301.2 few transactions178.5195.6177.0155.4148.8139.3
April 2022385.0425.5372.7340.9316.6305.6177.3193.6176.4153.3148.0140.0
May 2022385.5426.5371.8343.6322.1310.8 few transactions177.9194.6176.6152.2150.5140.7
June 2022381.8419.0371.1338.5316.9306.5 few transactions178.0193.9177.4152.7150.2138.2
July 2022376.5414.3364.4336.3318.6301.8 few transactions178.1194.8177.4152.6147.3135.5
August 2022368.2405.3356.2328.5315.0294.7 few transactions179.4198.1177.8153.2145.0132.5
September 2022360.3396.3347.9324.7313.8296.6 few transactions179.0197.9177.4151.2144.9133.6
October 2022350.2385.2337.3317.9311.2295.7 few transactions178.0197.4175.5151.3144.8135.4
November 2022338.2372.5325.4307.0305.7293.8 few transactions176.4195.3174.0149.9144.6135.8
December 2022334.7368.9322.0304.9301.7300.2 few transactions175.5194.6173.1149.5143.6133.6

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.