Residential property price index for June - August 2019
Statistics and Census Service
2019-10-08 18:00
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Information from the Statistics and Census Service (DSEC) indicated that the overall residential property price index for June - August 2019 decreased by 0.6% over the previous period (May - July 2019) to 267.8. The index for the Macao Peninsula (269.1) dropped by 0.8% while that for Taipa & Coloane (261.9) rose by 0.6%.

The index for existing residential units (287.7) went down by 0.7%, with the indices for those in the Macao Peninsula (282.4) dropping by 0.9% while that for Taipa & Coloane (310.4) rising by 0.3%. Analysed by year of building completion, the indices for residential units completed between 11 and 20 years ago and for those built in 5 years or less decreased by 0.7% and 0.5% respectively, whereas the index for residential units completed between 6 and 10 years ago grew by 0.7%. Meanwhile, the index for pre-sale residential units (282.0) increased by 0.4%.

In comparison with June - August 2018, the overall residential property price index and the index for existing residential units fell by 0.8% and 1.2% respectively, whereas the index for pre-sale residential units increased by 0.2%.

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