Hong Kong's private home prices rose for the fifth straight month amid the improving market sentiment.
The home price index inched up 0.41 percent month-on-month to 294.3 in October, data from the Rating and Valuation Department shows.
The official home price index grew by 1.76 percent from a year ago for the first 10 months.
The prices of small and medium-sized flats rose 0.37 percent, while flats above 100 square meters saw their prices increase 0.9 percent.
Of these, prices of flats under 40 sq m edged up 0.51 percent, while those for homes between 40 and 69.9 sq m went up 0.14 percent. Flats sized from 70 to 99.9 sq m also recorded a price hike of 1.06 percent.
The private domestic rental index ended its 10-month consecutive hike and remained the same growth of September at 200.2, up 3.89 percent compared to a year ago.
For the first 10 months, the rental index jumped 4 percent from a year earlier.
