Core Viewpoint - The property prices are expected to rise cumulatively by 4.70% by 2025, reversing the downward trend observed over the past three years, despite a projected decline of 6.50% in 2024, 6.37% in 2023, and 15.56% in 2022 [1] Group 1: Market Outlook - The optimistic sentiment in the real estate market is attributed to a low-interest environment and strong sales of new properties, leading to a stronger mindset among property owners [1] - The CCL Mass index is reported at 145.18 points, reflecting a weekly increase of 0.26%, while the CCL for small units is at 144.12 points, with a weekly rise of 0.4% [1] - Both CCL Mass and CCL for small units have reached their highest levels in 85 weeks since mid-May 2024 [1] Group 2: Future Projections - The target for the CCL in the first quarter of 2026 is set at 147 points, requiring an increase of 2.89 points or 2.01% to achieve this goal [1] - The CCL for large units is reported at 144.1 points, with a weekly increase of 0.28%, marking the fourth highest level in 73 weeks since early August 2024 [1]

Core Viewpoint - The Central City Leading Index (CCL) has reached 141.72 points, reflecting a weekly increase of 0.98%, driven by favorable market conditions including new property sales and expectations of interest rate cuts [1] Group 1: Market Trends - The CCL has risen to its highest level since June 2024, indicating a positive trend in the property market [1] - The CCL Mass index is reported at 143.04 points, with a weekly increase of 0.92%, marking a new high since June 2024 [2] - The CCL for small units is at 141.64 points, up 0.88% week-on-week, also reaching a new high since June 2024 [2] Group 2: Regional Price Movements - The price trends have reversed in four districts, with the urban areas of Hong Kong and Kowloon seeing increases while New Territories experienced declines [3] - The CCL Mass for Hong Kong Island is at 141.11 points, up 2.16%, marking a significant increase since June 2024 [3] - The CCL Mass for Kowloon is at 141.47 points, up 2.11%, ending a three-week decline and reaching a new high since June 2024 [3] Group 3: Future Projections - The CCL's target for the fourth quarter remains at 143.02 points, with only a slight difference of 1.30 points or 0.92% from the current level [1] - The overall property price index is projected to increase by 2.96% in 2025, with specific indices for different property types showing varied growth rates [2][3]

Core Viewpoint - The property market in Hong Kong is showing signs of recovery, with an increase in viewing appointments and expected growth in property prices and transaction volumes [1] Group 1: Market Activity - The number of scheduled property viewings in the top ten estates reached approximately 449 groups over the weekend of November 8-9, marking a 2.5% increase from the previous week and setting a new high for the year [1] - Developers are accelerating their sales efforts, with multiple new projects expected to launch in November, potentially leading to a total of 2,000 transactions for the month, which would mark the longest streak of over 1,000 transactions in ten months [1] Group 2: Price and Transaction Forecast - The research department anticipates a low single-digit percentage increase in property prices for the year, reversing a three-year downward trend [1] - If the current momentum continues, the total number of primary residential transactions for the year could challenge 19,000, which would be the highest since the implementation of the "Residential Property Sale Ordinance" in 2013 [1] Group 3: Rental Market Impact - Rising rental prices are stimulating demand for "rent-to-buy" options and attracting long-term investors, which is benefiting the secondary market as well [1] Group 4: Viewing Appointments by Region - In terms of viewing appointments by region, the Island District recorded 29 groups, a week-on-week decrease of 6.5%; Kowloon District had 226 groups, a week-on-week increase of 3.2%; and the New Territories saw 194 groups, also up by 3.2% week-on-week [1]