Transaction volumes and cross-border buying set records in the first half of 2026, yet official price growth stayed modest and forecasters expect the second half to cool. A look at what the public data shows — and what it cannot.
For much of 2023 and 2024, Hong Kong’s property market was a study in patience. High interest rates, geopolitical uncertainty, and a subdued post-pandemic economy kept buyers on the sidelines and pushed prices steadily lower from their 2021 peaks. The correction was long, orderly, and — for those willing to wait — an opportunity.

