Residential property price index drops 0.8 pct

2023-03-09 03:42
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Macao’s overall residential property price index in the period from November 2022 to January 2023 decreased by 0.8 percent over the previous period from October to December 2022 to 245.2, the Statistics and Census Bureau (DSEC) announced yesterday.

According to a DSEC statement, the index for the peninsula dropped by 1.3 percent from the previous three-month period, while that for Taipa and Coloane rose by 1.1 percent.

The index for existing residential units decreased by 0.8 percent from the previous period to 262.8, with that for the peninsula dropping 1.4 percent to 253.3 and that for Taipa and Coloane rising by 1.2 percent.

The index for pre-sale residential units stayed flat over the previous period.

– Xinhua


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