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December Sees Surge in Housing Deals Despite Market Pause

1/5/2026

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Summary

Story summary

December 2025 transactions reached a six-month high of 5,883 deals, up 5.3% from November and 43.4% year on year.
The total deal value was HK$51.2 billion (US$6.6 billion), down about 1% from November but up 57.3% year on year.
The increase was largely driven by demand for subsidized housing.
First-hand private home registrations declined 5% month-on-month to 1,690.
Analysts say the market may pause before rising again.

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Story summary

December 2025 transactions reached a six-month high of 5,883 deals, up 5.3% from November and 43.4% year on year.
The total deal value was HK$51.2 billion (US$6.6 billion), down about 1% from November but up 57.3% year on year.
The increase was largely driven by demand for subsidized housing.
First-hand private home registrations declined 5% month-on-month to 1,690.
Analysts say the market may pause before rising again.