Financial encyclopedia

Central Plains City Leading Index

2022-08-16

Central Plains Leading Index is an index that reflects the price of private residential property in Hong Kong, and serves as a reference index for the changing trend of the real estate market in Hong Kong. Index by Centaline Property and City University of Hong Kong

Compiled by the Department of Management Science, Business School, the data are obtained from the second-hand transactions of 100 large housing estates in Hong Kong, which are published every Friday. The index was set at 100 points in July, 1997, soon after the Hong Kong property market.

U-turn and return to this level only in 2012. Last week, even the girls who graduated from HKU couldn't hold their breath. The latest published value of 177.1 was a 76-week low. The previous record high was 191.34,

Although it experienced the third wave of epidemic at that time, the property market didn't fall like SARS in 2003, due to various countries' efforts. Until the The 5th Wave epidemic, coupled with the delisting and interest rate increase in the United States, the leading index of Central Plains cities was

Significantly fell back. Experts generally expect that the pace of interest rate increase by the Federal Reserve will be tougher than that at the beginning of the year, and the pressure of mortgage payment will be greater. In addition, the immigration tide and no sign of customs clearance will make the index under pressure in the short term. Let's try 2021.

175 mark since 1997.

 



Previous Article Next Article