Residential property price index slight decrease

The overall residential property price index for June – August 2023 decreased by 0.9% over the previous period (May – July 2023) to 248.2. The index for the Macau Peninsula (245.5) dropped by 1.3% while that for Taipa & Coloane (258.6) rose by 0.5%, according to data from the Statistics and Census Service. In comparison with the same period last year, the overall residential property price index fell by 2.6%. The index for the Macau Peninsula dropped by 3.8% while that for Taipa & Coloane rose by 1.9%.