BRE Confidence Index for Residential Property
The BRE Index is a statistical pointer on the level of public confidence on the residential property market, initiated by researchers of the Department of Building and Real Estate (BRE) including Prof. Eddie Hui, Prof. Francis Wong and Dr Chiang Yat-hung. The project is a joint collaboration among the Research Centre for Construction and Real Estate Economics (RCCREE) of PolyU, Hong Kong Baptist University (Prof. Michael DeGolyer),Texas A&M University (Dr. James Jeigh) and the University of Cambridge (Prof. Bill Seabrooke).
BRE
Confidence Index |
|
 Mar
2007 |
703 |
Dec
2006 |
706 |
Sept
2006 |
704 |
June2006 |
717 |
Mar 2006 |
713 |
Dec 2005 |
718 |
Sept 2005 |
704 |
June 2005 |
708 |
Mar 2005 |
695 |
Dec 2004 |
688 |
Sept 2004 |
688 |
June 2004 |
603 |
Mar
2004 |
556 |
Dec
2003 |
564 |
| Note: Ranging from a scale between 0 (no confidence) and 1,000 (complete confidence), with 500 as neutral, a BRE index of below 500 is deemed negative and positive for over 500. |
For details, please click here.
The BRE Index will be released regularly by the RCCREE. Established in 2000, the RCCREE aims to promote solution-oriented research and consultancy for economic issues relating to construction and real estate. Currently, there are about 20 members in the Centre, comprising surveyors, lawyers, architects, engineers, town planners and builders. For more information about RCCREE, please visit its Website at http://www.bre.polyu.edu.hk/rccree/index.htm.