新年开局良好 香港楼市热度延续

Group 1 - The Hong Kong property market has shown significant recovery after two years of "cooling" measures, with a projected increase in activity and prices in 2025 and 2026 [1] - In 2025, the total number of property sale agreements reached 80,702, the highest in four years, with a total value of HKD 614.28 billion, marking a 15% year-on-year increase [1] - The residential property segment saw 62,832 transactions valued at HKD 519.83 billion, reflecting increases of 18.3% in volume and 14.4% in value year-on-year [1] Group 2 - The market's recovery is attributed to multiple factors, including a rebound from previously depressed prices, improved financial market conditions, and a decrease in mortgage rates, which have encouraged buyer activity [1] - The influx of talent and investment policies in Hong Kong has revitalized the property market, attracting professionals and high-net-worth individuals [1] - In January 2026, the transaction volume for new homes is expected to exceed 2,000, driven by strong sales of new developments and a notable performance in the luxury market [2] Group 3 - Morgan Stanley forecasts a 10% increase in residential property prices in 2026, driven by renewed demand from mainland buyers, limited new supply, and a downward interest rate cycle [3] - Rental levels in Hong Kong are expected to rise by 5% in 2026, supported by talent inflow and improved rental yields, which will stimulate investment demand [3]