2024: Residential price and rental indices
The Rating and Valuation Department's monthly residential price and rental indices for 2024, with charts, monthly records and year-end comparisons.
Reading this year
December 2024 all-class prices: 289.2, a -7.1% 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 2023 | December 2024 | December year-on-year change | Months available in year |
|---|---|---|---|---|
| All-class prices | 311.3 | 289.2 | -7.1% | 12/12 |
| Class A (under 40 m²) prices | 336.8 | 305.6 | -9.3% | 12/12 |
| Class B (40 to 69.9 m²) prices | 302.5 | 283.4 | -6.3% | 12/12 |
| Class C (70 to 99.9 m²) prices | 290.1 | 275.9 | -4.9% | 12/12 |
| Class D (100 to 159.9 m²) prices | 280.3 | 268.6 | -4.2% | 12/12 |
| Class E (160 m² or above) prices | 281.1 | 261.2 | -7.1% | 12/12 |
| All-class rents | 186.0 | 192.5 | +3.5% | 12/12 |
| Class A (under 40 m²) rents | 206.9 | 212.5 | +2.7% | 12/12 |
| Class B (40 to 69.9 m²) rents | 184.1 | 191.3 | +3.9% | 12/12 |
| Class C (70 to 99.9 m²) rents | 157.3 | 162.4 | +3.2% | 12/12 |
| Class D (100 to 159.9 m²) rents | 149.6 | 150.2 | +0.4% | 12/12 |
| Class E (160 m² or above) rents | 139.8 | 138.0 | -1.3% | 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 2024 | 307.3 | 330.7 | 299.6 | 285.7 | 278.0 | 277.8 few transactions | 185.5 | 206.0 | 183.9 | 157.0 | 149.0 | 138.7 |
| February 2024 | 302.4 | 324.9 | 294.4 | 285.2 | 273.8 | 276.0 few transactions | 184.4 | 204.7 | 183.0 | 156.0 | 148.1 | 137.3 |
| March 2024 | 308.1 | 330.5 | 300.1 | 288.7 | 278.9 | 278.4 | 184.9 | 205.7 | 183.0 | 157.2 | 148.1 | 137.3 |
| April 2024 | 309.6 | 331.5 | 301.6 | 292.4 | 282.7 | 280.3 | 186.9 | 207.0 | 185.9 | 158.5 | 150.2 | 138.6 |
| May 2024 | 305.5 | 326.0 | 297.8 | 290.5 | 279.9 | 274.6 | 190.0 | 209.8 | 189.7 | 161.4 | 150.8 | 139.5 |
| June 2024 | 302.5 | 322.9 | 294.5 | 288.2 | 279.1 | 272.4 | 192.5 | 212.9 | 192.2 | 162.2 | 153.0 | 140.2 |
| July 2024 | 297.6 | 316.4 | 290.9 | 282.4 | 275.2 | 268.8 | 193.8 | 214.4 | 193.1 | 164.1 | 153.7 | 140.2 |
| August 2024 | 292.0 | 310.5 | 285.2 | 276.8 | 270.3 | 264.4 | 195.1 | 215.9 | 193.7 | 165.2 | 153.8 | 140.2 |
| September 2024 | 287.9 | 307.9 | 280.3 | 272.2 | 265.4 | 262.1 | 195.3 | 216.0 | 193.7 | 165.2 | 153.9 | 140.2 |
| October 2024 | 291.0 | 309.2 | 284.9 | 274.0 | 267.6 | 262.3 | 192.7 | 212.9 | 191.2 | 162.7 | 151.6 | 138.6 |
| November 2024 | 291.5 | 309.3 | 285.3 | 276.2 | 268.7 | 263.5 | 191.9 | 212.0 | 190.6 | 162.1 | 150.2 | 137.6 |
| December 2024 | 289.2 | 305.6 | 283.4 | 275.9 | 268.6 | 261.2 | 192.5 | 212.5 | 191.3 | 162.4 | 150.2 | 138.0 |
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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.