Hong Kong Home Sales Surge as Prices Fall
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Hong Kong's housing market ended 2025 with a surprising jump in sales, even as property values dropped. The increase was driven by buyers seeking cheaper homes.
Data released on Monday shows 5,883 residential deals were completed in December. This is a 5.3% rise from November and a 43.4% surge from a year earlier. It marks the highest sales volume in six months.
However, the total value of all transactions fell slightly to HK$51.2 billion (US$6.6 billion). This 1% monthly drop in overall value, despite more sales, confirms that buyers focused on lower-priced units.
The trend highlights a split in the market: strong demand for affordable housing continues, while higher-priced segments struggle.