Hong Kong’s Housing Market Rebounds With Renewed City Buzz

Apartment listings hang in the window of a real estate agency in Hong Kong on Jan. 23.Photographer: Johannes Neudecker/dpa/picture alliance/Getty Images

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By Venus Feng

January 30, 2026 at 12:00 AM UTC

Updated on

January 30, 2026 at 4:31 AM UTC

Hong Kong’s beleaguered housing market is staging a comeback, the latest sign that the city is on the road to recovery following years of gloom.

Home prices rose 3.25% in 2025, the first annual increase in four years, government figures showed this week. Wall Street banks including Citigroup Inc. and Morgan Stanley are predicting values will jump further this year, offering hope for the city’s debt-laden developers.