The latest report of the "Conference Board Consumer Confidence Index" is 76.2 points, up 0.1% from the previous week.

The latest "Centaline Confidence Index" in Hong Kong is 76.2 points, a slight weekly increase of 0.1%. In recent weeks, interest rates have risen, with HIBOR once again reaching its peak level. However, market expectations for a rate cut in the US in September have increased, giving the possibility of a future rate cut. There has been little change in the number of discounted properties, and the confidence index has only slightly increased. Centaline analyst Chan Chung-him pointed out that, based on the discount rate reflected on the Centaline website, among the 3 districts in Hong Kong, the discount rate in the New Territories is the highest. When divided by district, the top three districts with the highest discount rates are Tsuen Wan, Kowloon Bay, and Sheung Shui/Fanling/Ku Tong. In terms of property prices, the latest "Centaline Property Price Index" is 128.87 points, a slight weekly decrease of 0.17%; but compared to four weeks ago, it has still increased by 0.07%, with a year-to-date increase of 0.58%. When divided into 3 districts, property prices in all three districts have fallen weekly. The latest "Centaline Hong Kong Island Property Price Index" is 132.63 points, a weekly decrease of 0.26%; the "Centaline Kowloon Property Price Index" is 134.19 points, a slight weekly decrease of 0.1%; and the "Centaline New Territories Property Price Index" is 118.29 points, a weekly decrease of 0.2%. Compared to four weeks ago, property prices in the 3 districts have shown individual developments. Prices in Hong Kong Island and the New Territories have fallen by 0.99% and 0.16% respectively, while prices in Kowloon have increased by 0.78%. As for the year-to-date changes in property prices, the 3 districts have also shown varied performance. Kowloon and the New Territories have increased by 2.41% and 0.09% respectively, while property prices in Hong Kong Island have fallen by 2.42% so far this year.