Residential Property Prices for Hong Kong SAR
QHKN628BIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
189.52
Year-over-Year Change
-25.77%
Date Range
10/1/1979 - 1/1/2025
Summary
The Residential Property Prices for Hong Kong SAR measures changes in the prices of residential properties in Hong Kong. This important indicator provides insights into the health of the real estate market and broader economic conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This index tracks the price movements of residential properties in Hong Kong, one of the world's most expensive housing markets. It is a key metric used by economists, policymakers, and real estate analysts to assess trends in the local housing sector and their implications for the overall economy.
Methodology
The data is collected and calculated by the Bank for International Settlements (BIS).
Historical Context
This index is closely monitored by Hong Kong's government and central bank to inform housing and macroeconomic policies.
Key Facts
- Hong Kong has the world's least affordable housing market.
- Residential property prices in Hong Kong have risen over 200% since 2008.
- The government has implemented various cooling measures to address housing affordability.
FAQs
Q: What does this economic trend measure?
A: The Residential Property Prices for Hong Kong SAR index measures changes in the prices of residential properties in the Hong Kong real estate market.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of the health and affordability of Hong Kong's housing market, which has major implications for the city's overall economic performance and cost of living.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Bank for International Settlements (BIS).
Q: How is this trend used in economic policy?
A: The Hong Kong government and central bank closely monitor this index to inform housing and macroeconomic policies, such as measures to address housing affordability.
Q: Are there update delays or limitations?
A: The Residential Property Prices for Hong Kong SAR index is published quarterly with a lag, so the most recent data may not fully reflect the latest market conditions.
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Citation
U.S. Federal Reserve, Residential Property Prices for Hong Kong SAR (QHKN628BIS), retrieved from FRED.