The US REIT building price index reported 127.09 points, a slight increase of 0.02% weekly, with the rate of increase significantly narrowing.

The latest report of the "MAYLIN Building Price Index" is 127.09 points, a slight increase of 0.02% per week, with a significant narrowing of the increase. However, the latest Hong Kong building price index still does not reflect the impact of the new round of tariff wars. Compared with four weeks ago, the building price index has increased by 0.64%, but it is still down 0.81% so far this year. If divided into 3 districts, the prices of buildings in the 3 districts show individual developments per week. The latest report of the "MAYLIN Hong Kong Island Building Price Index" is 134.49 points, a slight increase of 0.07% per week; the latest report of the "MAYLIN Kowloon Building Price Index" is 131.71 points, with a weekly increase of 0.38%; on the other hand, the latest report of the "MAYLIN New Territories Building Price Index" is 116.03 points, a decrease of 0.31% per week. The latest report of the "MAYLIN Confidence Index" is 61.1 points, down 0.7% per week. There are signs of escalation in the new round of tariff wars, and the atmosphere in the Hong Kong property market is becoming cautious. Some owners are eager to sell at a discount, leading to an increase in discounted listings and a decrease in the confidence index. The confidence index has been hovering between 61 points and 61.5 points for 5 consecutive weeks, with a narrow fluctuation in trend.