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Hong Kong home prices reach 30-month high in April, while rents set another record

Analysts expect home prices in both primary, secondary markets to continue increasing this year as the city’s real estate recovers

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Peggy SitoPublished: 1:58pm, 27 May 2026Updated: 10:18pm, 27 May 2026

Hong Kong’s lived-in home prices rose for the 11th consecutive month to a 30-month high in April, even as the rate of growth slowed compared with March, while rents in the city rose to another record high.

Analysts said home prices in both primary and secondary markets would continue to improve this year and next, amid growing buyer confidence.

According to the Rating and Valuation Department’s data, the private lived-in home price index in the city rose to 316.6 in April, representing a 0.89 per cent rise month on month. The growth was smaller than the 1.4 per cent jump in March. Lived-in home prices have increased 10.51 per cent year on year.

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Rents rose 0.59 per cent to an index of 203.4. They grew 4.9 per cent year on year.

“Strong momentum in the primary market is driving a wider recovery across the sector,” said Eddie Kwok, executive director for valuation and advisory services at international property consultancy firm CBRE’s Hong Kong office.

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“Secondary home prices are also increasing as growing buyer confidence spreads across the residential market,” Kwok said.

In mid-sized flats, the price growth momentum was stronger. Prices for units sized between 753.5 sq ft (70 square metres) and 1,075.3 sq ft rose 10.36 per cent. Larger homes, sized 1,076 sq ft and above climbed more gently, up only around 0.25 per cent.

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