According to the Midland property branch statistics, the first weekend of August (August 5 to 6) 15 indicators of the court appointment to see the volume of provisional record of about 320 groups, according to the weekly drop of about 6.7%, the largest drop in 18 weeks, the indicator of the court appointment to see the volume of more hit in February 2022 since nearly a year and a half of the new low.

Midland property residential department chief executive officer (Hong Kong and Macau) Boo Siu Ming said, although the stock market has slightly warmed up recently, the impact of the interest rate hike has also been gradually digested, but the Yau Tong brand new disc to "flat burst price" debut, the minimum entrance fee is less than "three ball", so that the market for the outcry to grab all the focus of the city, the influence of instantly swept through the entire property market, the same area and the neighbouring areas of the second-hand is certainly instantly frozen, and the second-hand atmosphere of the other districts have also been greatly affected, individual Individual owners who reacted quickly have already reduced their prices to sell, and I believe that price reductions will come one after another.

From a district perspective, the number of property viewing appointments for four target estates on Hong Kong Island continued to drop by about 3.4% week-on-week, with about 85 groups recorded. The number of appointments for 7 target estates in Kowloon recorded about 119 units over the weekend, a drop of about 8.5% compared with the previous weekend. The number of appointments for the 4 second-hand target estates in the New Territories continued to drop by about 7.2 per cent, with only about 116 units recorded.