The Zhitong Finance App learned that Hong Kong's property price index has rebounded. According to data from the Hong Kong Rating and Property Valuation Department, Hong Kong's private residential property price index rebounded to 320.5 in August, up 0.06% month-on-month and 10.98% year-on-year. The price index for small and medium-sized units (100 square meters or less) remained flat; the price index for larger units (100 square meters or more) increased 0.42% month-on-month.

Among them, the price index for Class A properties (under 40 square meters) remained flat; Class B properties (40 to 69.9 square meters) remained flat; Class C properties (70 to 99.9 square meters) rose 0.16% month-on-month; Class D properties (100 to 159.9 square meters) increased 0.42% month-on-month; and Class E properties (160 square meters or more) increased 0.46% month-on-month.

In terms of the rent index, the private residential rent index rose to 210.3 in August, reaching a new high, rising 1.64% month-on-month and 5.26% year-on-year. In the first eight months of this year, the private residential property price index rose 6.98%; the rent index rose 4.89%.

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