Land Registry Data Confirms Revival
Hong Kong's property market is firing on all cylinders. According to data from Centaline Property Agency, total building transactions (both residential and commercial) reached 9,428 deals in June 2026 — a 26-month high and a clear signal that the market revival story is accelerating.
Transaction Values Surge Ahead of Volume
The value of those transactions tells an even more impressive story. Total transaction value hit HK$83.521 billion, representing a 10.4% month-on-month increase in deal count and a 14.7% month-on-month increase in value. This premium over volume growth suggests not just more transactions, but larger and more valuable ones.
Best Half-Year Since 2021
The first-half 2026 aggregate data places the market in its strongest position since 2021:
- Total deals H1 2026: 49,949 registered transactions
- Total value H1 2026: HK$410.965 billion
- Deal count: Highest first-half since H1 2021 (5-year high)
- Transaction value: Highest first-half since H2 2021 (4.5-year high)
Drivers of the Revival
Multiple factors are converging to power Hong Kong's property rebound: a stabilization in interest rate expectations, renewed cross-border demand from mainland Chinese buyers taking advantage of the expanded Individual Visit Scheme (IVS), and a pent-up release of demand that accumulated during the market's 2023-2024 correction.
Hong Kong's status as an international financial centre continues to attract ultra-high-net-worth buyers, while the government's recent measures to stabilize property market sentiment — including stamp duty relief for first-time buyers — have helped unlock marginal demand.