Hong Kong’s primary residential home sales in 2026 are forecast to again reach decade-high numbers, as developers continue to clear inventory and homebuyers focus more on small, low-cost flats.
Transactions next year were projected to reach about 21,000, while total home sales were expected to climb to around 71,000, up 8 per cent from this year’s forecast, according to Midland Realty.
A total of 26,479 new flats were expected to be rolled out next year, spread across Kai Tak, the North district, Tung Chung and Yuen Long, the property agency said.
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That outlook was underscored by a sharp rebound in the city’s primary residential sales in 2025, when the market posted its strongest year in more than a decade after a prolonged housing slump.
“It is fair to say the market made a comeback in 2025 in terms of both volume and prices,” said Dave Ma Tai-yeung, CEO at Midland Residential. “Volume tends to lead prices,” he added, noting that mid-priced and luxury home sales showed tentative improvement in the second half of the year.
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First-hand home sales reached 18,736 units in the first 11 months and were expected to climb to around 20,000 by year’s end, the highest level since transaction disclosure rules were introduced in 2013, according to Midland Realty. The total would also mark the second-highest annual figure since 2004.