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HSI1 | 21,980.74 | +70.98 | 208.04B |
HSCEI1 | 8,080.54 | +23.69 | 83.92B |
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2025-04-25 16:06:25 The Centa-City Leading Index (CCL) inched up 0.01% WoW to 136.37 points, reflecting market conditions during the week of April 3, when the U.S. announced a series of reciprocal tariff measures, and April 4, when China implemented countermeasures. Yeung Ming Yee, senior associate director at Centaline Property Research, noted that escalating trade tensions and heightened global recession risks dampened the property market sentiment, and buyers adopted a wait-and-see approach, leading to reduced second-hand transactions. The overall property price trend continued to face downward pressure. The CCL remained near an over-8.5-year low, hovering around levels last seen in late August 2016. In the five weeks following the Budget, property prices hiked 1.1% aggregately, though 2025 prices went down 0.92% YTD. The index was 0.38% above the pre-rate-cut low of 135.86 points in September 2024, 28.73% below the historical peak of 191.34 points in August 2021, and 4.65% below the pre-cooling measure low of 143.02 points in March 2024. ~ AAStocks Financial News Web Site: www.aastocks.com |