Hong Kong's residential property market is showing signs of a genuine turnaround. Sales volume has been picking up steadily, and what's more interesting is that prices are starting to creep upward after a prolonged slump.

This isn't just a one-week blip. The momentum seems more sustainable this time around. Transaction numbers have been climbing for several weeks now, and buyers are slowly returning to the market. The price uptick, though modest, suggests confidence is rebuilding among both sellers and purchasers.

What's driving this shift? Several factors are likely at play—easing mortgage rates, stabilizing economic outlook, and pent-up demand finally materializing. The property sector has been under pressure for quite some time, so any signs of stabilization are being watched closely by investors and economists alike.

For those tracking broader asset markets, real estate trends in major financial hubs like Hong Kong often serve as useful barometers for regional capital flows and risk appetite.