Zhongyuan Real Estate: The latest CVI report is 77.62 points, down 4.2 points from last week, the first time it has dropped below 80 points since February this year.

Yang Mingyi, Senior Co-Director of the Research Department of CRIC, pointed out that the latest CVI this week was 77.62 points, a decrease of 4.20 points from last week's 81.82 points, marking the first time it has dropped below 80 points since early February this year. Yang Mingyi noted that tensions escalated again in the US-Iran conflict, causing the CVI to soften. However, with the World Cup entering its final stages and the stock market rebounding, several large new projects are poised to be launched, boosting the real estate market atmosphere. Additionally, several local banks in Hong Kong have raised their cash rebates, reflecting their confidence in the property market. The mortgage market outlook is positive and optimistic, and it is expected that the CVI will remain above 60 points in the third quarter, indicating that the upward trend in property prices remains unchanged but the rate of increase will slow down. The latest CCL is at 159.54 points, an increase of 18.04% from the low of 135.16 points in the week following the interest hike in May 2025, and an increase of 18.27% from the low of 135.86 points before the interest rate cut cycle. Accumulatively, it has increased by 10.71% in 2026.