Hong Kong's housing price recorded an increase of 12.6 percent in the first half of 2005, Centaline Property Agency Ltm. said Thursday.

According to the property agency, its latest Centa-City Leading Index was 56.07 points, up 12.6 percent as compared with the index recorded in the last week of 2004.

The agency said the index is a weekly index based on the current preliminary prices in the agency's transactions that monitors the up-to-date property price variations.

The housing prices of the Hong Kong Island and Kowloon recorded 13 percent and 16.2 percent increase, respectively. For East New Territory and West New Territory, the prices also rose 9.9 percent and 12.2 percent, the agency said.

Source: Xinhua