Hong Kong housing demand remains strong, with the U.S. Federal Reserve's "Rent Trend Chart" showing a 0.4% month-on-month increase in April.

According to the Wise Financial APP, the demand for housing in Hong Kong continues to be strong, supporting further increases in private residential rents. The "Rental Trend Chart" released by the U.S. League in April shows that the average rent per square foot of private residential properties calculated by usable area is about 38.02 Hong Kong dollars, an increase of about 0.4% from the previous month, marking the third consecutive month of increase. It has reached a new high of over 5 and a half years since July 2019 (record high), and is only about 0.8% lower than that peak. The market expects the US to cut interest rates three times this year, and there is a chance for mortgage interest rates in Hong Kong to further decline in the future.