Hong Kong - Hong Kong home prices recorded their first annual increase in four years, the clearest sign yet that the city’s residential market is beginning to recover from a prolonged downturn.

The price index for private domestic homes rose 3.25 per cent in 2025 from a year earlier, the first annual gain since 2021, according to figures released by the Rating and Valuation Department on Jan 28. The gauge also climbed 0.2 per cent in December from a month earlier.