# Hong Kong luxury home prices extend gains despite fewer deals

- **Source:** Real Estate Asia
- **Published:** 2026-07-16T00:05:00.000Z
- **Author:** Staff Reporter
- **Original:** https://realestateasia.com/residential/news/hong-kong-luxury-home-prices-extend-gains-despite-fewer-deals
- **Topics:** Transactions & Deals, Regional Markets

## Featured rationale

Mainland Chinese demand and limited future supply may support luxury values, although lower transaction volumes and interest-rate movements could constrain market momentum.

## AI summary

Hong Kong luxury home prices rose about 2% in Q2 2026 even as transactions fell from 70 to 48 deals.

## Original article

Prices increased by 2% in Q2 even as the number of deals declined to 48.

Hong Kong's luxury residential market remained resilient in the second quarter of 2026, with prices continuing to rise even as transaction volumes moderated, according to CBRE.

Based on the Rating and Valuation Department's luxury residential index for Class E homes, prices increased about 2% during the quarter and 3.9% year-to-date. The gains marked a twelfth consecutive month of price growth, leaving values around 10% above the market trough recorded in March 2025.

Luxury transaction activity softened during the quarter, with total consideration falling 30% from HK$12.56 billion to HK$8.76 billion, while the number of deals declined from 70 to 48.

CBRE said demand remained supported by wealthy buyers from mainland China, who accounted for around half of all luxury residential transactions above HK$100 million during Q2 and between 60% and 70% of activity in the primary luxury market.

The consultancy added that limited future supply is expected to underpin the market, with only about 170 luxury homes and houses planned for The Peak and the Southern District. CBRE expects luxury home prices to rise by between 5% and 10% in 2026, depending on the direction of interest rates, supported by resilient high-net-worth demand and improving financial market conditions.

## Chinese translation

> Translation model: grok

### 香港豪宅价格续升，尽管成交减少

世邦魏理仕（CBRE）表示，2026年第二季香港豪宅市场保持韧性，成交量放缓之际价格仍继续上涨。

第二季价格上涨2%，成交量则降至48宗。

据世邦魏理仕（CBRE），2026年第二季香港豪宅市场保持韧性，成交量放缓之际价格仍继续上涨。

根据差饷物业估价署E类住宅豪宅指数，当季价格约升2%，年初至今升3.9%。涨势连续第12个月延续，价格较2025年3月市场低点高出约10%。

当季豪宅成交活跃度放缓，总成交金额由125.6亿港元降至87.6亿港元，跌幅30%；成交宗数由70宗降至48宗。

CBRE表示，需求仍获内地富裕买家支撑——他们在第二季逾1亿港元的豪宅成交中约占一半，在一手豪宅市场活跃度中占60%至70%。

该顾问机构补充，未来供应有限有望支撑市场，山顶与南区计划中的豪宅与洋房仅约170套。CBRE预计，视利率走向而定，2026年豪宅价格将上涨5%至10%，获高净值需求韧性与金融市场状况改善支持。