智通财经APP获悉，中原地产研究部高级联席董事杨明仪指出，中原城市领先指数CCL最新报145.54 点，按周升0.63%，创2024年5月中后88周(逾1年半)次高，是反映去年12月30日西沙SIERRASEA第2A期 公布首张价单当周的市况。12月起CCL为两周升一周跌，楼价走势呈反覆向升格局，2026年楼价暂累升 0.99%。圣诞假后，大型新盘推出，市场反应炽热，数度加推均即日沽清，加上二手优质笋盘快速被消 耗，买家开始接受业主提价入市，楼价升势持续。 四区楼价三升一跌。港岛CCL_Mass报146.52点，按周升2.82%，升幅为5周以来最大，连升4周共 5.11%，指数创2024年4月底后91周(近2年)新高。九龙CCL_Mass报145.93点，按周升0.73%，指数创 2023年11月底后112周(逾2年)次高。新界东CCL_Mass报155.53点，按周升0.62%，指数上周大跌逾3%后 回升。新界西CCL_Mass报132.27点，按周跌1.77%，跌幅为7周以来最大，结束2周连升，指数仍为2024 年6月底后82周(逾1年半)第7高。 2025年5月拆息回落，楼价明显转势见底回升，再加上去年 ...

Group 1 - The Central City Leading Index (CCL) reached 144.11 points, increasing by 0.38% week-on-week, marking the highest level in 81 weeks since early June 2024 [1] - The optimistic atmosphere in the Hong Kong property market is attributed to a low-interest environment and strong sales of new properties, leading to increased owner confidence and a rise in property prices [1] - The target for the CCL in Q1 2026 is set at 147 points, requiring an increase of 2.89 points or 2.01% to reach this goal [1] Group 2 - In May 2025, the CCL rose 6.62% from a low of 135.16 points, indicating a recovery in property prices after a three-year decline, with a cumulative increase of 4.7% expected for 2025 [2] - The CCL Mass index reported 145.18 points, up 0.26% week-on-week, while the CCL for small units reached 144.12 points, up 0.4%, both indices hitting their highest levels in 85 weeks since mid-May 2024 [2] - The CCL for large units was reported at 144.1 points, up 0.28%, marking the fourth highest level in 73 weeks since early August 2024 [2] Group 3 - Property prices in the Kowloon area increased, while the New Territories saw declines; the Kowloon CCL Mass index reached 144.73 points, up 0.76%, the highest in over two years [3] - The CCL Mass index for Hong Kong Island was reported at 140.16 points, up 0.55%, while New Territories East and West indices experienced slight declines [3] - All eight major property price indices are expected to rise in 2025, with the CCL projected to increase by 4.7%, and specific increases noted for various regions, including 8.16% for Kowloon [3]

Core Viewpoint - The Central City Leading Index (CCL) has shown a slight decline, indicating a stabilization in the Hong Kong property market after a period of increases, with expectations for future price growth remaining positive [1][2]. Group 1: CCL Index Performance - The latest CCL index stands at 143.56 points, down 1% week-on-week, after two weeks of increases, but still remains at its highest level in 80 weeks since June 2024 [1]. - The CCL Mass index is reported at 144.8 points, down 0.99% week-on-week, marking the end of a two-week upward trend, while still being the third highest in 80 weeks since June 2024 [2]. - The CCL for small units is at 143.54 points, also down 0.99% week-on-week, reflecting a similar trend as the CCL Mass index [2]. Group 2: Price Trends and Projections - The property market sentiment remains positive, with short-term expectations for price increases unchanged, targeting 147 points by Q1 2026, which is 3.44 points or 2.4% away from the current level [1]. - The CCL has increased by 6.21% from the low of 135.16 points in May 2025, indicating a recovery in property prices [1]. - For 2025, the overall CCL has shown a cumulative increase of 4.30%, with specific increases in various categories, such as CCL Mass at 4.83% and CCL for small units at 4.77% [3].

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 Insights - The Central Plains City Leading Index (CCL) reached 141.92 points, marking a week-on-week increase of 1.18%, the highest in 68 weeks since June 2024, following the first week after the interest rate cut on September 18 [1] - All eight major indices have risen, marking the first time since July 2025 that all indices have recovered from their declines this year, with a cumulative increase of 1.41% over two weeks [1] - The CCL is projected to reach 143.02 points in Q4, only 1.10 points or 0.78% away from the current level [1] Price Trends - The CCL has increased by 3.11%, with the CCL Mass up by 3.90%, CCL for small units up by 3.64%, and CCL for large units up by 0.53% [1] - Price increases were observed across various regions, with Hong Kong Island up by 4.26%, Kowloon by 5.22%, New Territories East by 5.53%, and New Territories West by 0.36% [1] Historical Context - Since May, the CCL has risen 5.00% from a low of 135.16 points, and 5.21% from a low of 134.89 points before the 2025 budget announcement [2] - The index is down 25.83% from its historical high of 191.34 points in August 2021 [2] Recent Developments - The CCL Mass index reported 143.52 points, with a week-on-week increase of 1.06%, and the CCL for small units at 141.99 points, up 1.03% [3] - The CCL for large units reached 141.59 points, marking a 1.97% increase and the highest in 35 weeks since February 2025 [3] - Regional indices showed significant increases, with Hong Kong Island CCL Mass at 144.48 points (up 0.43%), Kowloon at 140.80 points (up 2.02%), New Territories East at 156.59 points (up 0.10%), and New Territories West at 128.82 points (up 1.05%) [3]

Group 1 - The Central Plains City Leading Index (CCL) reached 140.27 points, marking a weekly increase of 0.24%, the highest level since early August 2024 [1] - The positive sentiment in the real estate market is attributed to the government's policy report and the resumption of interest rate cuts by the Federal Reserve and Hong Kong banks, boosting buyer confidence [1] - The overall trend indicates a gradual recovery in property prices, with the CCL aiming to challenge 143.02 points, currently 2.75 points or 1.96% away [1] Group 2 - The CCL Mass index reported 142.02 points, up 0.55%, reaching a new high since late June 2024 [2] - The CCL for small units stood at 140.54 points, increasing by 0.46%, also a new high since early July 2024 [2] - The CCL for large units decreased by 0.91%, ending a two-week upward trend [2] Group 3 - The property price trends show three areas declining and one area increasing, with the CCL Mass for Hong Kong Island rebounding by 5.45%, the largest increase since June 2019 [3] - The CCL Mass for Kowloon fell by 0.53%, marking a two-week decline totaling 1.16% [3] - The overall property price indices for 2025 indicate a cumulative increase of 1.91% for CCL, with varying performances across different regions [3]

Group 1 - The Central Plains City Leading Index (CCL) reported a weekly increase of 0.39%, reaching 136.13 points, marking a total increase of 0.41% over two weeks [1] - The CCL has remained at a low level not seen in over 8.5 years, hovering around levels last seen in August 2016 [1] - The CCL has experienced fluctuations, with nine increases and five decreases over the past 14 weeks since the relaxation of stamp duty, resulting in a cumulative increase of 0.92% [1] Group 2 - The CCL Mass index reported a weekly increase of 0.34%, reaching 137.48 points, while the CCL for small units and large units also saw increases [2] - The property prices in four districts have shown mixed results, with the CCL Mass for Hong Kong Island increasing by 1.75% and New Territories West by 0.46%, while Kowloon and New Territories East experienced slight declines [2] - For the first half of 2025, six out of eight major property price indices are projected to decline, with the CCL showing a cumulative decrease of 1.10% [2]