Core Viewpoint - The Hong Kong property market is showing strong early signs of recovery in 2026, with significant increases in transaction volumes and property prices, driven by favorable economic conditions and market sentiment [1][2][6]. Group 1: Transaction Volume - From the first day of the Lunar New Year to the tenth day, approximately 175 new properties were sold, representing a year-on-year increase of about 27.7% compared to 137 transactions during the same period last year [1]. - In the first two months of 2026, over 3,700 new properties were sold, marking a nearly 90% year-on-year increase and the highest sales volume since the implementation of the new sales regulations in 2013 [2]. - It is estimated that the transaction volume for March will increase by 70% month-on-month to approximately 2,400 transactions, continuing a streak of over 1,000 transactions for 14 consecutive months [2]. Group 2: Property Prices - The latest property price index stands at 138.66 points, reflecting a weekly increase of 0.37%, marking the longest consecutive weekly increase since June 2019 [2]. - Year-to-date, property prices have risen by 2.93%, and compared to last year's low, they have increased by 9.8%, with expectations of an overall increase of 10% to 15% for the year [2]. Group 3: Future Supply and Market Outlook - An estimated 26,000 new units are expected to be launched across various regions in Hong Kong from March to December 2026, with a focus on the Northern Metropolis area [6]. - In the Kowloon area, approximately 3,884 units are expected in the Kai Tak area, while other districts like To Kwa Wan and Hung Hom are projected to have around 3,743 units available [7]. - The company anticipates that the overall transaction volume for the year could reach 22,000 units, setting a new record since the sales regulations took effect in 2013 [7].
美联：马年开局香港楼价升势持续 预期今年将上升约10%至15%