The Zhitong Finance App learned that Midland Property Analyst Shen Songqian said that the latest report of the Midland Property Price Index was 148.94 points, a slight increase of 0.14% from week to week. It has fluctuated in a narrow range of 148 to 150 points for 15 consecutive weeks. Compared with four weeks ago, property prices have fallen slightly by 0.07%, but the cumulative increase since this year has reached 10.56%.

Furthermore, the latest report of the US Federal Confidence Index, which reflects the owners' market attitude, is 69.8 points, which is the same on a weekly basis. Shen Songqian pointed out that recently, many banks are actively seeking mortgage business, which shows an optimistic attitude about the prospects of the property market. It also helps to stabilize owners' confidence in the future market and drive the confidence index to run smoothly.

Looking at the subregions, property prices in the three districts are divided according to weekly performance. The latest report of the Midland Hong Kong Property Price Index was 156.56 points, up 0.31% on a weekly basis; the latest report was 134.35 points, up 0.27% from week to week; while the latest report was 157.61 points, down 0.65% from week to week.

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