Data from the Hong Kong Land Registry shows that in August, the total number of property registrations in Hong Kong (including new private residential units, second-hand homes, new public housing, commercial properties, parking spaces, and others) was 4,729, a decrease of approximately 10.1% from July and the lowest in nearly six months. Property prices have also fallen to levels last seen at the end of September 2016. The latest CCL (City Leading Index), which reflects property price trends, stands at 138.68 points, marking the third lowest in nearly eight years. The index has dropped 5.79% since the beginning of 2024 and is down 27.52% from its historical peak of 191.34 points in August 2021.