Core Viewpoint - The Central Valuation Index (CVI) has stabilized above 70 points after ending a five-week decline, indicating a positive outlook for the Hong Kong property market as banks maintain an optimistic stance on mortgage lending [1] Group 1: CVI and Market Trends - The latest CVI reported at 76.05 points, an increase of 1.75 points from last week, marking the end of a five-week decline [1] - The CVI has remained above 60 points for 12 consecutive weeks, suggesting continued upward momentum in Hong Kong property prices [1] - The current best lending rate has been lowered to a historical low, with expectations of further interest rate cuts in the U.S., which may lead to a decrease in mortgage rates in Hong Kong [1] Group 2: Future Outlook - The CVI is expected to remain in a positive zone in the first quarter of next year, supported by traditional seasonal demand during the Lunar New Year [1] - Following the government's full withdrawal of cooling measures by the end of February 2024, property transaction volumes are anticipated to rebound, contributing to a recovery in the CVI [1] - The CCL (Centaline Property Index) has shown signs of stabilization, moving between 144 and 148 points after previously dropping to a low of 143.02 points [1] Group 3: Historical Context and Adjustments - The CVI fell below 40 points in early June, indicating a bearish market phase, with property prices continuously adjusting downward [2] - The CVI began to rise again in September following a rate cut cycle, surpassing key thresholds of 40 and 50 points, coinciding with a stabilization in property prices [2] - By September, the CCL reported at 145.01 points, reflecting a 7.29% increase from the low of 135.16 points earlier in the year, indicating a recovery trend in property values [2]
中原地产：CVI结束5连跌企稳70点以上水平 料明年首季继续处于看好区
Zhi Tong Cai Jing·2025-12-25 09:41