Hong Kong's property price index in July rose by 0.42% compared to the previous month, marking the fourth consecutive monthly increase.

According to the Economic Information APP, the Hong Kong property price index has risen for 4 consecutive months. Data from the Rating and Valuation Department of Hong Kong shows that in July, the private residential property price index in Hong Kong rose to 287.9, an increase of 0.42% compared to the previous month, but a decrease of 3.26% compared to the same period last year. The price index for small and medium-sized units (under 100 square meters) rose by 0.45% compared to the previous month, while the price index for larger units (100 square meters or above) rose by 0.19%. In the first 7 months of this year, the private residential property price index has dropped by 0.45%, while the rental index has increased by 1.97%.