Hong Kong home prices drop 0.32% w/w

It's been a continuous fall.

It has been noted that in early December, Hong Kong home prices continued to fall, down 0.32% w/w.

According to a research note from Barclays, the Centa-City Leading Index has already dropped in nine out of the past 11 weeks.

Since the index peaked on 13 September, it has fallen by an aggregate of 4.83%, the report noted.

Here's more from Barclays:

The average home price decline has been 0.45% week over weak for the past 11 weeks.

The CCL (large) and CCL (small/medium) indices recorded 0.77% and 0.23% w/w declines, respectively.

Performance among districts was mixed. Hong Kong Island and New Territories East both rebounded, up 1.92% and 0.38% w/w, respectively.

However, Kowloon and New Territories West both fell, by 1.11% and 1.68%, respectively.