Group 1 - The Central Plains City Leading Index (CCL) reached 140.25 points, a week-on-week increase of 0.62%, marking a 59-week high since early August 2024 [1] - The CCL has risen for three consecutive weeks, totaling a 2.30% increase, driven by positive market sentiment following hints of potential interest rate cuts by the Federal Reserve [1] - The CCL Mass index reported 141.88 points, up 0.18% week-on-week, achieving a 64-week high since late June 2024 [2] Group 2 - The CCL for small units reached 140.51 points, with a week-on-week increase of 0.44%, also a 63-week high since early July 2024 [2] - The CCL for large units reported 138.90 points, up 1.59% week-on-week, marking a 21-week high since late April 2025 [2] - The CCL Mass index for Kowloon was at 139.63 points, up 0.65% week-on-week, the second highest this year [3] Group 3 - The CCL Mass index for Hong Kong Island reached 140.75 points, with a cumulative increase of 2.89% over two weeks, ranking as the fourth highest this year [3] - The New Territories East CCL Mass index reported 153.64 points, down 0.12% week-on-week, with a cumulative decline of 0.63% over two weeks [3] - The overall CCL has accumulated a 1.90% increase for 2025, with specific increases in various regions, including 4.35% in Kowloon and 3.54% in New Territories East [3]

Core Viewpoint - The latest CVI has risen to 59.79 points, marking a significant increase of 2.10 points from last week and a total rise of 23.60 points over the past seven weeks, reaching the highest level since May 2024 when banks tightened mortgage lending [1][3]. Group 1: Market Trends - The CVI has successfully crossed two critical thresholds in the past seven weeks, approaching the upper limit of the 60-point boundary, indicating a potential recovery in the Hong Kong property market [3]. - The increase in new property sales and a significant drop in interbank rates have contributed to a positive shift in bank mortgage attitudes, suggesting a stabilization in property prices in the short term [3]. Group 2: Property Valuation Insights - The latest CCL stands at 136.13 points, with a projected decline of 1.10% in property prices for the first half of 2025 [3]. - Among 143 CCL component estates, 90 (62.9%) have seen a decrease in valuations, with the highest drop rates observed in the Hong Kong Island region [3][4]. - The number of estates with valuation declines exceeding 3% totals 38, accounting for 42.2% of the declining estates [4]. Group 3: Specific Property Performance - In the first half of this year, 10 estates in New Territories West experienced valuation drops over 3%, while Hong Kong Island, New Territories East, and Kowloon had 7, 6, and 4 estates respectively [4]. - The top five estates with the highest valuation drops include specific units in various locations, with declines ranging from 8.09% to 9.31% [4]. - Conversely, 39 CCL component estates have seen valuation increases of over 1%, with notable gains in Kowloon and specific estates in Hong Kong Island [5].