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Hong Kong house prices: private domestic price index, all classes (1999=100)

Hong Kong

House price index for Hong Kong.

The Rating and Valuation Department (RVD) releases monthly, quarterly and annual property price indices by class for private domestic (independent dwellings with separate cooking facilities and bathroom). This index includes all housing classes. The time-series stretches back to 1986.

House prices in Hong Kong, % change 1 yr

Nominal and inflation-adjusted ('real')

Hong Kong

Source: Rating and Valuation Department


Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
2020-0.12%2.31%
20194.88%2.64%-3.74%-1.02%
20183.92%5.51%-0.99%-8.47%
20174.39%4.24%1.11%2.51%
2016-5.51%2.94%6.33%3.08%
20154.53%4.09%0.89%-8.8%
2014-1.29%2.07%4.66%2.63%
20134.27%0.44%2.21%-3.5%
20124.94%6.12%8.12%0.62%
20118.05%2.98%0.53%-6.07%
20106.07%1.82%8.51%0.43%
20094.33%11.17%8.36%0.63%
20086.4%-1.59%-1.51%-15.53%
20073.96%3.78%2.96%8.96%
20062.36%-1.26%0.81%-0.13%
200513.56%-2.2%0.77%-4.54%
200419.75%-4.35%8.3%2.26%
2003-5.44%-1.23%3.56%6.35%
2002-1.2%-1.13%-6.48%-2.45%
20011.28%-1.72%-4.2%-1.86%
20000.59%-9.3%2.96%-7.14%
1999-2.43%1.33%-3.08%-0.45%
1998-11.05%-19.64%-12.24%9.4%
199719.4%4.24%-2.18%-10.06%
19966.71%-0.01%1.48%12.09%
19951.17%-6.98%-7.86%1.72%
199416.81%-5.67%-2.16%-7.49%
19937.51%0.9%1.49%

This table shows the change in house prices during a single quarter, adjusted for inflation.

Adjusting house price rises (or declines) for inflation produces a more accurate picture of the change in value of housing than the usual nominal figures cited in the newspapers.