Media365
Rents in the city, meanwhile, continued to rise, surging by 0.3 per cent from a month earlier to set another peak, according to data released on Wednesday by the Rating and Valuation Department.
With the latest increment, the city’s index of second-hand home prices stood at 301.4, its highest since reaching 302.5 in June 2024. The increase was also faster than the 0.37 per cent ascent recorded in December, the latest data showed.
That also marked the 10th consecutive month of stability for lived-in home prices, marking a cumulative rebound of 5.79 per cent – from the low point in March – to surpass the 300-point mark for the first time in more than a year and a half, according to Ricacorp Properties. The consecutive eight-month increase also represented a cumulative rise of 5.2 per cent.
