GLOPRAGlobal Property Radar

Macao home prices fall 4.7% in the third quarter of 2026

Macao's residential price index fell to 183.3 in the third quarter of 2026: -4.7% on the quarter, -4.3% on the year, existing units down more than pre-sale.

The facts

  • Macao's overall residential property price index stood at 183.3 in the third quarter of 2026, -4.7% against the previous quarter and -4.3% against the third quarter of 2025, the Statistics and Census Service reported on 6 November 2026.
  • Existing units fell faster than pre-sale units. Their index came in at 194.9, down 4.9% on the quarter, against 241.6 for pre-sale units, down 1.4%.
  • Among existing units, Macao Peninsula registered 184.3, down 5.6% on the quarter, and Taipa & Coloane 238.4, down 2.6%.
  • Older stock lost more value. For buildings over 20 years old the index fell 3.1% on the quarter, against 0.7% for buildings between 11 and 20 years old.
  • Of the two floor-area bands the release publishes, the larger one fell more. Units between 50 and 74.9 square metres were down 4.8% on the quarter, against 2.2% below 50 square metres.
  • The release contains no transaction counts, so the fall cannot be set against sales volume.

What it means for your money

  • Entry costs 4.3% less than a year ago on the index. The release gives no pataca price, so that is an index move, not a quoted price level.
  • The two segment indices moved apart this quarter: existing units -4.9%, pre-sale units -1.4%. The release states no common base period and no pataca price, so the two levels cannot be read against each other as prices.
  • An owner who bought a flat of 50 to 74.9 square metres three months ago is 4.8% down on paper, the steeper of the two size bands the release reports.

What to watch

  • The fourth-quarter index, and whether pre-sale prices follow existing units down or hold their 241.6 level.
  • Index points and percentage changes are all this release gives. Without a base period or a pataca price, the levels cannot be converted into a price per square metre.
  • The release gives the building-age and floor-area changes as quarter-on-quarter percentages only, without saying whether they cover all residential units or existing units alone.

Sources: Statistics and Census Service https://www.gov.mo/en/news/412807/