免责声明：本文内容与数据由观点根据公开信息整理，不构成投资建议，使用前请核实。 银行对物业估价态度维持积极乐观，CVI已连续20周处于睇好区水平，近两周更稳守80点以上，预示楼 价升幅或进一步扩大。近期拆息温和回落，有助减轻银行资金成本压力，料CVI短期内可维持在80点之 上。 最新中原城市领先指数CCL报149.39点，较2025年5月H按息低于封顶息当周的135.16点低位累升 10.53%，财案放宽印花税后升10.75%，较减息周期前135.86点低位升9.96%。2025年全年楼价累升 4.70%，2026年至今暂升3.66%。 观点网讯：2月26日，香港中原地产研究部高级联席董事杨明仪表示，本周中原估价指数（主要银行） CVI最新报86.71点，按周上升1.74点。由于上周为农历新年假期，指数与前周持平，节后楼市气氛持续 炽热，CVI已连续两周合共上升10.66点，创下2023年3月底以来近三年新高。 ...

Group 1 - The Central Plains City Leading Index (CCL) reached 145.67 points, increasing by 1.08% week-on-week, marking a total rise of 1.47% over two weeks, and hitting a new high not seen in 86 weeks since mid-May 2024 [1] - The Hong Kong banking prime rate is at a historical low, indicating a peak in interest rates, which contributes to a warming atmosphere in the Hong Kong property market, supporting a steady rise in property prices [1] - The CCL is targeting a challenge at 147 points, which is the high post-2024 withdrawal of cooling measures, requiring an increase of just 1.33 points or 0.91% to reach this target [1] Group 2 - The CCL Mass index for large residential estates reached 147.12 points, up 1.34% week-on-week, while the CCL for small and medium units rose to 145.98 points, up 1.29%, both indices achieving new highs not seen in 92 weeks since the end of March 2024 [2] - The CCL for large units slightly decreased by 0.03% to 144.05 points, remaining the fifth highest in 74 weeks since early August 2024 [2] - Property prices across all four districts have risen, with Kowloon CCL Mass at 147.33 points (up 1.80%), New Territories West at 134.23 points (up 1.13%), Hong Kong Island at 141.72 points (up 1.11%), and New Territories East at 160.19 points (up 0.99%), all reaching significant highs in their respective timelines [2]

Core Insights - The Central Plains City Leading Index (CCL) has reached 142.49 points, reflecting a weekly increase of 0.54%, coinciding with significant events such as interest rate cuts by U.S. and Hong Kong banks and a meeting between U.S. and Chinese leaders [1] - The CCL has risen for two consecutive weeks, totaling a 1.52% increase, marking the highest level since June 2024 [1] - Owner confidence is improving, leading to reduced negotiation space and some owners withdrawing properties from the market, which may drive prices higher [1] Summary by Category CCL Performance - The CCL Mass index stands at 143.91 points, up 0.61% week-on-week, reaching a new high since June 2024 [3] - The CCL for small units is at 142.39 points, up 0.53%, also a new high since June 2024 [3] - The CCL for large units is at 142.95 points, up 0.59%, marking a new high since December 2024 [3] Regional Price Trends - The CCL Mass index for Hong Kong Island is at 143.10 points, up 1.41%, with a total increase of 3.60% over two weeks [3] - The CCL Mass index for New Territories East is at 154.74 points, up 0.87%, reaching a new high since July 2024 [3] - The CCL Mass index for Kowloon is at 142.64 points, up 0.83%, with a total increase of 2.95% over two weeks [3] - The CCL Mass index for New Territories West is at 130.35 points, down 0.75%, but still among the highest since July 2024 [3] Future Projections - The CCL is projected to increase by 3.52% in 2025, with specific indices showing varying growth: CCL Mass at 4.18%, CCL for small units at 3.93%, and CCL for large units at 1.49% [4] - Regional growth rates include Hong Kong Island at 3.27%, Kowloon at 6.60%, New Territories East at 4.29%, and New Territories West at 1.55% [4]

Core Insights - The Central Plains City Leading Index (CCL) has reached 138.84 points, reflecting a weekly increase of 0.78%, marking a positive market condition from July 7 to July 13, with a total increase of 1.76% over two weeks, the second highest this year and the highest in 29 weeks since early January [1] - The decline in interest rates since May has contributed to a rebound in Hong Kong property prices, with the CCL showing a cumulative increase of 2.72% over the past nine weeks, surpassing the 2.50% increase observed after the interest rate cut in September 2024 [1] - The CCL is expected to continue its upward trend, aiming to challenge the early year high of 139.25 points, currently just 0.41 points or 0.30% away [1] CCL Performance - The CCL Mass index stands at 140.55 points, with a weekly increase of 1.11%, while the CCL for small to medium units is at 139.11 points, up 1.09%, both achieving the largest weekly increases in 17 weeks and reaching new highs since early August 2024 [2] - The CCL for large units is at 137.42 points, experiencing a weekly decline of 0.79%, remaining around the 138-point level [2] - Among the four districts, three saw price increases while one experienced a decline, with Kowloon CCL Mass at 139.46 points (up 2.38%), New Territories West at 127.83 points (up 1.22%), and Hong Kong Island at 138.35 points (up 0.07%), while New Territories East saw a slight decrease of 0.06% [2] Future Projections - For 2025, the CCL has recorded a cumulative increase of 0.87%, with the CCL Mass up 1.75%, and the CCL for small to medium units up 1.54%, while the CCL for large units has decreased by 2.44% [2] - Price changes across regions show that Hong Kong Island has decreased by 0.16%, Kowloon has increased by 4.22%, New Territories East has risen by 2.47%, and New Territories West has declined by 0.41% [2]

Core Viewpoint - The Central Plains City Leading Index (CCL) has reported a slight decline, indicating a softening in the Hong Kong property market after four consecutive weeks of increases [1] Group 1: CCL Performance - The latest CCL stands at 136.44 points, down 0.18% week-on-week, ending a four-week upward trend [1] - CCL Mass is at 137.72 points, with a minor decrease of 0.01% week-on-week, while CCL for small units is at 136.36 points, down 0.10% [1] - CCL for large units is reported at 136.87 points, down 0.54%, concluding a three-week increase, with all indices hovering around levels last seen in August 2016 [1] Group 2: Regional Price Trends - In terms of regional performance, two areas saw price increases while two experienced declines, with the urban areas of Hong Kong Island and Kowloon rising, while New Territories saw declines [2] - New Territories East CCL Mass is at 149.91 points, down 0.64% week-on-week, marking a four-week decline totaling 2.25% [2] - New Territories West CCL Mass is at 125.21 points, down 0.52%, with a two-week cumulative decline of 1.28% [2] - Hong Kong Island CCL Mass is at 136.97 points, with a slight increase of 0.05%, and Kowloon CCL Mass is at 135.28 points, up 0.61% [2] Group 3: Future Projections - The CCL is projected to remain within a narrow range of 135 to 137 points in the short term [1] - The impact of new property sales on secondary market prices will only be reflected in the CCL data published in August 2025 [1] - Overall, the CCL has cumulatively declined by 0.87%, with specific declines noted in CCL Mass (0.3%), CCL for small units (0.47%), and CCL for large units (2.83%) [2]

Group 1 - The Central Plains City Leading Index (CCL) reported at 136.68 points, with a slight weekly increase of 0.09%, marking a total rise of 0.82% over four consecutive weeks, although the growth rate has significantly narrowed compared to previous weeks [1] - The CCL remains at an 8.5-year low, hovering around levels seen in September 2016, with a projected cumulative decline of 0.70% in property prices by 2025 [1] - The index has increased by 1.33% from the low of 134.89 points before the March 2024 financial report, but it has decreased by 28.57% from the historical high of 191.34 points in August 2021 [1] Group 2 - The CCL Mass index stands at 137.74 points, reflecting a weekly decline of 0.11%, while the CCL for small units is at 136.49 points, down 0.02% [2] - The CCL for large units is at 137.61 points, with a weekly increase of 0.60%, continuing a three-week upward trend [2] - Among the four districts, prices showed mixed results, with the CCL Mass for Hong Kong Island rising by 2.22%, the largest increase in 14 weeks, while New Territories East and West experienced declines [2]

Group 1 - The Central City Leading Index (CCL) reported at 135.60 points, with a slight week-on-week increase of 0.02%, remaining within a narrow range for four consecutive weeks [1] - The CCL is currently at its lowest level in over 8.5 years, hovering around the levels seen in August 2016, with a cumulative decline of 1.48% expected by 2025 [1][3] - The market is experiencing mixed signals due to low Hong Kong interbank offered rates and unclear tariff policies, leading to a stagnation in second-hand property prices [1] Group 2 - The CCL Mass index reported at 137.01 points, with a week-on-week increase of 0.20%, while the CCL for small units rose to 135.67 points, up 0.12% [2] - The CCL for large units fell to 135.21 points, marking a 0.50% decrease, continuing a downward trend for two weeks [2] - In the four districts, property prices showed mixed results, with New Territories East CCL Mass increasing by 1.70%, while Hong Kong Island CCL Mass decreased by 0.17% [3] Group 3 - The CCL Mass index has cumulatively increased by 0.59% over three weeks, while the CCL for small units has risen by 0.53% [2] - The overall property price index for 2025 indicates a decline across various categories, with the CCL for large units down by 4.00% and the CCL for small units down by 0.97% [3] - The indices for different regions show varying trends, with Kowloon experiencing a 0.57% increase, while New Territories West saw a decline of 2.75% [3]

Core Viewpoint - The Central City Leading Index (CCL) is currently at 135.57 points, showing a slight weekly decline of 0.01%, indicating a stabilization in the property market despite ongoing trade negotiations between China and the U.S. [1] Group 1: CCL Performance - The CCL has remained at a low level not seen in over 8.5 years, hovering around the levels seen in August 2016. The index has increased by 0.50% over the past 12 weeks, with a temporary decline of 1.50% in property prices projected for 2025 [2] - The CCL Mass index is reported at 136.73 points, with a weekly increase of 0.07%, while the CCL for small units is at 135.51 points, also up by 0.07%. Both indices have risen for two consecutive weeks [2] - The CCL for large units is at 135.89 points, reflecting a weekly decline of 0.42%, marking a new low since August 2016 [2] Group 2: Regional Price Trends - Property prices in four regions show mixed results, with the CCL Mass for Hong Kong Island at 133.40 points (down 0.97%), New Territories East at 150.79 points (down 0.85%), Kowloon at 134.00 points (up 0.69%), and New Territories West at 125.98 points (up 0.95%) [3] - The eight major property price indices for 2025 indicate a cumulative decline of 1.50% for CCL, 1.01% for CCL Mass, 1.09% for CCL small units, and 3.52% for CCL large units, with varying performance across regions [3]