Hong Kong private home prices rose 0.19% in September and rents rose 0.47% to a new high, according to Rating and Valuation Department (RVD) figures reported on 28 October 2026, extending prices to a second straight monthly gain.

TL;DR

  • Prices: up 0.19% in September, 9.3% year on year and 7.1% in the first nine months of 2026, per The Standard's report of the RVD data.
  • Rents: up 0.47% on the month to a new high, 6.2% year on year and 5.8% year to date.
  • Context: the monthly gain is small compared with the annual rise, and the September index level was not available in the sources checked.

What did Hong Kong's home price and rent indices do in September?

The RVD is the Hong Kong government department that compiles the official private domestic price and rental indices. Its statistics page shows the private domestic series were updated on 28 October 2026 and cover data up to September. The Standard reports that the price index rose 0.19% in September, the second consecutive monthly rise, up 9.3% on a year earlier and 7.1% since the start of the year. By size, small and medium flats rose 0.16% and larger flats rose 0.8%. The rental index rose 0.47% on the month to a new high, 6.2% higher year on year and 5.8% up year to date.

How does September compare with August?

The RVD's October monthly supplement, which still shows August as its latest month, gives provisional August readings of 320.5 for the price index and 210.3 for the rental index (1999 = 100), with 4,019 domestic sale and purchase agreements in August. Property News Asia reported August's 0.06% price rise at https://propertynewsasia.com/hong-kong-home-prices-edge-up-0-06-in-august-as-rents-reach-a-new-high-what-the-latest-data-shows/ so September's 0.19% is a larger monthly step, though still modest. September index levels and transaction counts were not available in the sources checked.

Why does it matter for property buyers, renters and investors in Asia?

Rents setting records while price gains remain small means rental yields are moving, which is the number cross-border investors and landlords compare across Asian cities. Supply is part of the picture: the RVD supplement lists 8,987 private units completed from January to 31 August 2026 against a full-year forecast of 16,975. Regional context is at https://propertynewsasia.com/asia-pacific-property-capital-is-concentrating-top-25-investors-took-47-of-volume-savills-says/ and Singapore's comparison is in https://propertynewsasia.com/ura-q3-2026-singapore-private-home-prices-rise-1-4-as-developer-sales-fall-to-1-183-units-and-completions-hit-a-two-year-high/ Analysts' views on how long the rental trend lasts were not part of the sources reviewed, so no forecast is offered.

What is not confirmed?

  • The exact September index values: the RVD files could not be read as text, and The Standard did not give them.
  • The publication date of The Standard article: it was inferred as 28 October from the article's own references to the data coming out on Wednesday.
  • Whether figures will be revised: the RVD's August readings were labelled provisional.

Frequently Asked Questions

How much did Hong Kong home prices rise in September 2026?

By 0.19% on the month, the second consecutive monthly rise, and by 9.3% on a year earlier, according to The Standard's report of RVD data.

Are Hong Kong rents at a record?

The rental index rose 0.47% in September to a new high and is 6.2% higher than a year earlier, per the same report.

Where do the official Hong Kong property indices come from?

From the RVD's property market statistics at rvd.gov.hk, where monthly series and a monthly supplement are published.

Sources and Method

Written from the RVD property market statistics page (series updated 28 October 2026), the RVD October 2026 monthly supplement (August provisional data) and The Standard (Hong Kong) report on the September figures. Index spreadsheets were not machine-readable. This is market reporting, not property advice.