Hong Kong Rent Price Trends
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Most countries include rent prices within their Consumer Price Index (CPI/HICP), so inflation-adjusted figures are not available. Our Rent Price Index offers a clear, high-level view of rental market trends over time.
Quarterly change in rent prices
| Q1 | Q2 | Q3 | Q4 | |
| 2025 | 0.31% | 1.45% | 2.04% | 0.30% |
| 2024 | -0.59% | 4.11% | 1.45% | -1.43% |
| 2023 | 0.40% | 2.67% | 2.38% | 0.43% |
| 2022 | -2.30% | -0.28% | 0.56% | -1.96% |
| 2021 | -0.79% | 2.34% | 2.84% | -0.92% |
| 2020 | -4.22% | -0.88% | -0.72% | -1.23% |
| 2019 | -0.21% | 1.87% | 0.46% | -3.90% |
| 2018 | 0.85% | 2.12% | 2.18% | -2.03% |
| 2017 | 2.76% | 2.47% | 1.75% | 0.81% |
| 2016 | -4.50% | 1.59% | 3.43% | 1.05% |
| 2015 | 2.17% | 2.53% | 1.95% | -3.55% |
| 2014 | -0.64% | 1.29% | 3.50% | 2.09% |
| 2013 | 0.66% | 1.25% | 1.49% | 0.00% |
| 2012 | -1.10% | 6.03% | 3.58% | 2.44% |
| 2011 | 1.96% | 5.16% | 0.51% | -1.09% |
| 2010 | 3.45% | 4.74% | 3.69% | 2.99% |
| 2009 | -5.09% | 5.79% | 6.90% | 4.46% |
| 2008 | 7.55% | 2.70% | -2.22% | -17.34% |
| 2007 | 2.32% | 3.72% | 4.18% | 5.06% |
| 2006 | -0.45% | 1.57% | 2.54% | 1.83% |
| 2005 | 3.35% | 3.60% | 3.71% | 0.22% |
| 2004 | 4.68% | 2.63% | 1.79% | 1.51% |
| 2003 | -2.31% | -4.87% | -1.38% | 1.82% |
| 2002 | -3.35% | -3.01% | -2.98% | -4.42% |
| 2001 | -0.31% | -1.43% | -1.56% | -5.59% |
| 2000 | 1.03% | -0.41% | 0.72% | -0.41% |
| 1999 | -0.10% | -0.40% | -0.70% | -2.71% |
| 1998 | -12.27% | -2.95% | -9.81% | -2.79% |
| 1997 | 4.89% | 5.05% | 2.59% | -2.45% |
| 1996 | 0.78% | 0.69% | 3.24% | 1.24% |
| 1995 | -0.65% | -0.73% | -2.05% | -3.34% |
| 1994 | 3.46% | 11.72% | 2.83% | 0.32% |
| 1993 | 2.68% | 4.70% | 3.59% |
This table shows the nominal change in rent prices during a single quarter.
Yearly change in rent prices
| Year | Nominal Change |
| 2026 | 3.79% |
| 2025 | 4.16% |
| 2024 | 3.49% |
| 2023 | 5.98% |
| 2022 | -3.94% |
| 2021 | 3.45% |
| 2020 | -6.91% |
| 2019 | -1.86% |
| 2018 | 3.09% |
| 2017 | 8.01% |
| 2016 | 1.40% |
| 2015 | 3.01% |
| 2014 | 6.33% |
| 2013 | 3.44% |
| 2012 | 11.27% |
| 2011 | 6.59% |
| 2010 | 15.71% |
| 2009 | 12.12% |
| 2008 | -10.73% |
| 2007 | 16.16% |
| 2006 | 5.57% |
| 2005 | 11.29% |
| 2004 | 11.02% |
| 2003 | -6.68% |
| 2002 | -13.07% |
| 2001 | -8.67% |
| 2000 | 0.93% |
| 1999 | -3.86% |
| 1998 | -25.35% |
| 1997 | 10.27% |
| 1996 | 6.05% |
| 1995 | -6.62% |
| 1994 | 19.25% |
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This table shows how house prices have shifted over the past year. It compares the latest quarter or month of the current year with the same period a year earlier, giving you a quick view of whether prices have risen or fallen.
