中原地产：香港楼价已经寻底成功 进入缓步上升阶段

Core Viewpoint - The Hong Kong property market is showing signs of recovery, with a gradual increase in property prices after hitting a bottom, supported by favorable market conditions and improved buyer confidence [1][2] Group 1: Property Price Index - The property price index for private residential properties in Hong Kong reached 286.7 points in June 2025, reflecting a month-on-month increase of 0.03%, marking three consecutive months of growth [1] - The cumulative decline in the property price index for the first six months of this year has narrowed to 0.86% [1] - The rental index has also increased month-on-month by 0.3%, marking seven consecutive months of growth, the highest since September 2019 [1] Group 2: Market Activity and Trends - In May, approximately 2,300 transactions were recorded in the primary market, while June saw around 1,500 transactions, with nearly 1,900 transactions recorded so far this month, indicating a strong potential to exceed 2,000 transactions [1] - The rental market is experiencing a surge due to seasonal demand, with around 2,300 rental transactions facilitated by the real estate agency this month, representing a more than 40% increase compared to the same period last month [2] - The expectation of potential interest rate cuts by the U.S. Federal Reserve and a stable U.S.-China relationship could further solidify the upward trend in Hong Kong property prices in the latter half of the year [2]