Macau’s overall residential property price index rose by 8.5 percent year-on-year in 2018, a slowdown from the 11.6 percent growth in 2017, the Statistics and Census Bureau (DSEC) has announced.
A DSEC statement released on Friday showed that the 2018 indices for existing residential units and pre-sale residential units increased by 8.9 percent and 11.5 percent respectively year-on-year.
In the fourth quarter of last year, the overall residential property price index decreased by 0.6 percent over the previous survey period (September-November 2018). The indices for the peninsula and Taipa-cum-Coloane both fell by 0.6 percent.
