Hong Kong's private lived-in home prices increased for the 11th consecutive month in April 2026, reaching a 30-month high, according to official data [1, 2]. The private home price index rose to 316.6, marking a 0.89% month-on-month increase, slightly slower than the 1.4% rise reported for March by one source but revised to 1.8% by another [1, 2].
Home prices climbed 10.51% year-on-year in April, driven largely by mid-sized flats between 70 to 100 square meters, which rose 10.36%, while larger homes over 100 square meters saw more modest gains of about 0.25% year-on-year [1]. Brokerage analysts forecast prices could rise at least 10% for the full year 2026, citing strong demand from mainland Chinese buyers, a resilient stock market, and falling inventory levels [2]. Mainland Chinese accounted for 27.5% of all housing purchases in Hong Kong in April, with their buying volume surging 48% month-on-month [2].
Rents also increased 0.59% month-on-month in April to a new index record of 203.4, representing a 4.9% rise year-on-year [1]. This marks another peak in the rental market alongside rising home prices.
Kwok, a market analyst, said, "Secondary home prices are also increasing as growing buyer confidence spreads across the residential market" [1]. Residential prices overall had rebounded 3.6% in 2025, the first increase since a 30% drop following the 2021 peak [2].
Following a strong start to 2026 with double-digit year-on-year price gains and sustained purchase activity from mainland buyers, market watchers remain attentive to how the trend will evolve in the coming months [1, 2].
