The graph below shows the price indices generated based on the transaction records of Pierhead Garden. Reference has been taken from RVD according to class and selected popular development (SPD).
Property Price Trend of Pierhead Garden
The performance of the overall housing market and the price indices are on a rising trend across these years and indicate the prosperity of the housing market in Hong Kong in general. However, some notable observations are found in the indices such as the occurrences of peaks and troughs. They will be explained in the following subsections.
(i) Peak in 1997
In the 1990s, Hong Kong’s economy was in a boom. The introduction of the “Hong Kong Airport Core Programme” in 1991 has stimulated the local economy with the construction of the Hong Kong International Airport in Chek Lap Kok and several large-scale infrastructure projects in Hong Kong such as Tsing Ma Bridge. Besides, the local property market was active at that time due to the low-interest rate and unemployment rate. The nominal interest rate and the unemployment rate were kept at below 6% and around 1-3% respectively (CEIC, 2019).
On the other hand, the annual government land supply has been limited to not more than 50 hectares as stipulated in the Sino-British Joint Declaration. With the above-combined effects, the housing supply could not accommodate with the strong incentives from investors purchasing flats. The housing price level is hence pushed up to a peak in 1997.
(ii) A gradual decline from 1998 to 2003
Due to the outbreak of the Asian Economic Crisis in 1997, the economy had been greatly affected and led to the loss of confidence and demand in the housing market locally for the following years. Moreover, the new housing policy implemented by the Housing Bureau was also attributable to the gradual decline. The Chief Executive, Tung Chee Hwa pledged that the overall housing supply would be maintained at least 85,000 flats per year, in order to solve the housing problem in Hong Kong. Although the supply of flats had increased, the demand for housing was reduced due to the worsening local economy. Therefore, the property prices fell from 1998 onwards.
Subsequently, the “US Dot-com Bubble Crisis” in 2000 and the outbreak of SARS in 2003 had further worsened the local economy as well as the housing market. As a result, people had a low incentive in purchasing flats and a gloomy expectation to the market. The property prices were further gone down to the trough in 2003.
(iii) Small peak followed by a sudden drop in 2008
From 2003 onwards, the government had attempted several ways to boost the local economy from the outbreak of SARS and thus Hong Kong was in a recovery stage from 2003 to 2008. The significant policies such as the signing of CEPA agreement between Mainland and Hong Kong and the Individual Visit Scheme had brought immediate impacts and stimulated the local economy. For the residential property market, the removal of the security of tenure provisions for domestic tenancies and expansion of the Mortgage Insurance Programme had encouraged people to invest and purchase flats. Therefore, the combined effects regained people’s confidence in the housing market and accounted for the steady rise in housing prices from 2004 to 2007. Although there was a peak in 2007, the property price had experienced a sudden drastic drop in 2008 due to the outbreak of the global financial crisis. The global economy including Hong Kong was adversely affected by the large-scale bankruptcies of financial institutions, banks and government. Hence, investors become insecure and less confident in the property market. The market suffered another setback after 2003.
(iv) Gradual rise from 2009 onwards
After the outbreak of the global financial crisis in 2008, the local economy has recovered rapidly and showed a general increasing trend from 2009 onwards until now. Since the negative impacts of the global financial crisis brought to the property prices were only in the short-term, the active investments from local, Mainland China and foreign countries, and high demand for homeownership had offset the negative impacts brought in 2008. The property prices then continued to rise substantially. However, minor fluctuations within the increasing trend had been observed in the years 2010-2011, 2012-2014, 2014-2016. They could be explained by government policies for cooling down the heated housing market. For instance, the implementation of Special Stamp Duty (SSD) in 2010, Buyer’s Stamp Duty (BSD) in 2012, and the doubling of Ad Valorem Stamp Duty in 2013. This reflected that the impacts of the government policies were also in the short-term and could not effectively combat the increasing property price level. As a consequence, the property price fluctuated in an increasing trend from 2009 onwards.
(v) Our expectations
Looking into the future, it is expected that the price index of Pierhead Garden will continue to rise with the overall private residential properties in Hong Kong. The launch of government policies in cooling down property prices will only bring temporary effects to the general property market. The demand for housing will not be hugely affected unless there is a significant change in the economy. As for the supply side, the scarce and limited land supply in Hong Kong will also unable to affect property prices in the foreseeable future.
| Price Indices | Average Price Indices (RVD) | Price Indices of SPD (RVD) | ||
|---|---|---|---|---|
| 1993 | Jan | 100 | 100 | 100 |
| 1993 | Feb | 130.0756 | 101.59901599016 | 100 |
| 1993 | Mar | 126.612 | 103.19803198032 | 100.67415730337 |
| 1993 | Apr | 128.2854 | 105.0430504305 | 101.68539325843 |
| 1993 | May | 125.3186 | 108.9790897909 | 105.16853932584 |
| 1993 | Jun | 131.3777 | 115.62115621156 | 108.08988764045 |
| 1993 | Jul | 132.3921 | 120.54120541205 | 113.37078651685 |
| 1993 | Aug | 131.2685 | 120.41820418204 | 115.39325842697 |
| 1993 | Sep | 131.1848 | 118.32718327183 | 114.26966292135 |
| 1993 | Oct | 129.426 | 116.11316113161 | 112.80898876404 |
| 1993 | Nov | 130.69 | 119.68019680197 | 113.48314606742 |
| 1993 | Dec | 129.8157 | 123.24723247232 | 114.04494382022 |
| 1994 | Jan | 132.8116 | 133.57933579336 | 121.01123595506 |
| 1994 | Feb | 137.8223 | 138.86838868389 | 126.40449438202 |
| 1994 | Mar | 136.3846 | 151.16851168512 | 136.62921348315 |
| 1994 | Apr | 148.7761 | 144.77244772448 | 144.94382022472 |
| 1994 | May | 154.1962 | 142.43542435424 | 141.12359550562 |
| 1994 | Jun | 146.8508 | 143.54243542435 | 141.91011235955 |
| 1994 | Jul | 152.1344 | 138.9913899139 | 137.86516853933 |
| 1994 | Aug | 151.1675 | 144.40344403444 | 136.62921348315 |
| 1994 | Sep | 146.4952 | 142.18942189422 | 136.85393258427 |
| 1994 | Oct | 151.581 | 143.54243542435 | 137.86516853933 |
| 1994 | Nov | 150.345 | 140.34440344403 | 136.96629213483 |
| 1994 | Dec | 147.407 | 133.94833948339 | 132.3595505618 |
| 1995 | Jan | 144.3003 | 135.17835178352 | 123.70786516854 |
| 1995 | Feb | 145.2183 | 138.25338253383 | 124.04494382022 |
| 1995 | Mar | 146.4212 | 138.86838868389 | 127.30337078652 |
| 1995 | Apr | 146.7664 | 136.77736777368 | 127.97752808989 |
| 1995 | May | 147.784 | 134.56334563346 | 125.73033707865 |
| 1995 | Jun | 143.5702 | 130.38130381304 | 122.69662921348 |
| 1995 | Jul | 142.773 | 129.15129151292 | 119.66292134831 |
| 1995 | Aug | 140.9845 | 125.9532595326 | 116.96629213483 |
| 1995 | Sep | 142.0879 | 122.50922509225 | 113.59550561798 |
| 1995 | Oct | 132.3975 | 121.89421894219 | 112.24719101124 |
| 1995 | Nov | 137.6873 | 125.46125461255 | 113.93258426966 |
| 1995 | Dec | 139.8808 | 126.32226322263 | 114.94382022472 |
| 1996 | Jan | 135.8303 | 128.78228782288 | 114.04494382022 |
| 1996 | Feb | 137.7079 | 133.57933579336 | 117.6404494382 |
| 1996 | Mar | 142.6847 | 140.83640836408 | 120.22471910112 |
| 1996 | Apr | 144.5334 | 138.25338253383 | 124.60674157303 |
| 1996 | May | 148.729 | 139.60639606396 | 126.40449438202 |
| 1996 | Jun | 149.6069 | 141.20541205412 | 128.87640449438 |
| 1996 | Jul | 149.1236 | 140.22140221402 | 128.65168539326 |
| 1996 | Aug | 153.7698 | 145.75645756458 | 128.76404494382 |
| 1996 | Sep | 155.1427 | 144.77244772448 | 131.12359550562 |
| 1996 | Oct | 158.5774 | 151.66051660517 | 134.60674157303 |
| 1996 | Nov | 159.1603 | 157.68757687577 | 139.43820224719 |
| 1996 | Dec | 168.7766 | 166.29766297663 | 144.94382022472 |
| 1997 | Jan | 174.4433 | 176.62976629766 | 153.37078651685 |
| 1997 | Feb | 182.1601 | 190.15990159902 | 161.91011235955 |
| 1997 | Mar | 195.7597 | 199.75399753998 | 177.07865168539 |
| 1997 | Apr | 203.894 | 194.09594095941 | 197.07865168539 |
| 1997 | May | 200.9972 | 213.65313653137 | 192.47191011236 |
| 1997 | Jun | 207.1736 | 210.33210332103 | 198.76404494382 |
| 1997 | Jul | 207.0232 | 205.0430504305 | 199.32584269663 |
| 1997 | Aug | 201.4624 | 209.71709717097 | 195.84269662921 |
| 1997 | Sep | 203.1305 | 207.9950799508 | 197.6404494382 |
| 1997 | Oct | 202.7564 | 211.68511685117 | 201.4606741573 |
| 1997 | Nov | 196.693 | 193.11193111931 | 186.29213483146 |
| 1997 | Dec | 186.4074 | 188.68388683887 | 174.83146067416 |
| 1998 | Jan | 178.061 | 173.43173431734 | 158.65168539326 |
| 1998 | Feb | 172.3221 | 165.55965559656 | 143.59550561798 |
| 1998 | Mar | 172.8356 | 169.61869618696 | 151.34831460674 |
| 1998 | Apr | 170.3502 | 164.08364083641 | 145.2808988764 |
| 1998 | May | 167.9373 | 155.22755227552 | 139.55056179775 |
| 1998 | Jun | 154.4509 | 137.39237392374 | 118.65168539326 |
| 1998 | Jul | 144.5785 | 130.25830258303 | 114.7191011236 |
| 1998 | Aug | 140.1878 | 128.29028290283 | 111.79775280899 |
| 1998 | Sep | 142.0266 | 119.06519065191 | 105.2808988764 |
| 1998 | Oct | 134.3835 | 116.9741697417 | 99.775280898876 |
| 1998 | Nov | 140.8105 | 123.49323493235 | 107.52808988764 |
| 1998 | Dec | 146.5191 | 129.15129151292 | 113.59550561798 |
| 1999 | Jan | 144.7396 | 127.79827798278 | 114.38202247191 |
| 1999 | Feb | 146.187 | 125.09225092251 | 113.03370786517 |
| 1999 | Mar | 151.6521 | 125.70725707257 | 113.14606741573 |
| 1999 | Apr | 147.2935 | 125.21525215252 | 114.49438202247 |
| 1999 | May | 147.5815 | 126.81426814268 | 116.85393258427 |
| 1999 | Jun | 142.6083 | 124.84624846248 | 115.95505617978 |
| 1999 | Jul | 144.5392 | 124.72324723247 | 115.73033707865 |
| 1999 | Aug | 140.3605 | 124.60024600246 | 113.8202247191 |
| 1999 | Sep | 137.0924 | 119.31119311193 | 111.23595505618 |
| 1999 | Oct | 134.6246 | 117.71217712177 | 108.31460674157 |
| 1999 | Nov | 129.8694 | 116.23616236162 | 105.84269662921 |
| 1999 | Dec | 138.8758 | 117.83517835178 | 105.73033707865 |
| 2000 | Jan | 135.2293 | 119.92619926199 | 107.41573033708 |
| 2000 | Feb | 136.5849 | 120.54120541205 | 107.97752808989 |
| 2000 | Mar | 133.1685 | 117.83517835178 | 107.52808988764 |
| 2000 | Apr | 127.256 | 115.37515375154 | 105.05617977528 |
| 2000 | May | 128.3791 | 110.57810578106 | 99.662921348315 |
| 2000 | Jun | 133.8997 | 105.28905289053 | 92.696629213483 |
| 2000 | Jul | 126.1372 | 106.0270602706 | 93.483146067416 |
| 2000 | Aug | 127.7333 | 107.13407134071 | 94.494382022472 |
| 2000 | Sep | 128.5913 | 108.24108241082 | 95.61797752809 |
| 2000 | Oct | 129.9668 | 106.27306273063 | 96.629213483146 |
| 2000 | Nov | 115.2377 | 103.44403444034 | 93.258426966292 |
| 2000 | Dec | 115.4698 | 100.36900369004 | 89.550561797753 |
| 2001 | Jan | 122.0533 | 99.015990159902 | 88.876404494382 |
| 2001 | Feb | 117.507 | 98.40098400984 | 88.314606741573 |
| 2001 | Mar | 118.6406 | 101.23001230012 | 89.887640449438 |
| 2001 | Apr | 110.2077 | 100.12300123001 | 88.988764044944 |
| 2001 | May | 117.4859 | 99.015990159902 | 88.202247191011 |
| 2001 | Jun | 115.6573 | 100 | 87.865168539326 |
| 2001 | Jul | 113.8058 | 99.015990159902 | 86.629213483146 |
| 2001 | Aug | 109.5961 | 97.293972939729 | 85.955056179775 |
| 2001 | Sep | 107.3754 | 95.325953259533 | 83.370786516854 |
| 2001 | Oct | 100.464 | 91.512915129151 | 81.011235955056 |
| 2001 | Nov | 98.2995 | 91.020910209102 | 80 |
| 2001 | Dec | 94.8901 | 91.143911439114 | 80.674157303371 |
| 2002 | Jan | 95.176 | 91.635916359164 | 81.123595505618 |
| 2002 | Feb | 100.6002 | 90.651906519065 | 80.674157303371 |
| 2002 | Mar | 101.7439 | 90.528905289053 | 81.460674157303 |
| 2002 | Apr | 104.5775 | 89.421894218942 | 80.449438202247 |
| 2002 | May | 101.5921 | 90.651906519065 | 79.775280898876 |
| 2002 | Jun | 102.7192 | 89.29889298893 | 79.775280898876 |
| 2002 | Jul | 102.061 | 87.822878228782 | 78.426966292135 |
| 2002 | Aug | 105.1132 | 83.763837638376 | 76.067415730337 |
| 2002 | Sep | 102.5827 | 83.025830258303 | 73.033707865169 |
| 2002 | Oct | 94.3272 | 79.581795817958 | 71.348314606742 |
| 2002 | Nov | 100.6643 | 79.827798277983 | 70.224719101124 |
| 2002 | Dec | 88.5091 | 79.827798277983 | 69.662921348315 |
| 2003 | Jan | 89.0467 | 77.982779827798 | 68.539325842697 |
| 2003 | Feb | 91.8605 | 78.474784747847 | 67.865168539326 |
| 2003 | Mar | 82.7909 | 74.538745387454 | 65.842696629213 |
| 2003 | Apr | 85.3713 | 73.554735547355 | 62.359550561798 |
| 2003 | May | 81.4874 | 72.939729397294 | 61.685393258427 |
| 2003 | Jun | 69.8621 | 72.816728167282 | 60.786516853933 |
| 2003 | Jul | 80.5998 | 71.709717097171 | 60.449438202247 |
| 2003 | Aug | 73.1544 | 71.955719557196 | 61.460674157303 |
| 2003 | Sep | 72.6043 | 74.046740467405 | 63.370786516854 |
| 2003 | Oct | 79.1833 | 76.875768757688 | 66.067415730337 |
| 2003 | Nov | 80.0109 | 78.228782287823 | 69.213483146067 |
| 2003 | Dec | 83.2655 | 79.212792127921 | 70.112359550562 |
| 2004 | Jan | 92.7684 | 84.624846248462 | 72.696629213483 |
| 2004 | Feb | 93.9027 | 89.052890528905 | 76.629213483146 |
| 2004 | Mar | 106.019 | 94.833948339483 | 81.23595505618 |
| 2004 | Apr | 104.1329 | 97.416974169742 | 83.595505617978 |
| 2004 | May | 103.6835 | 93.972939729397 | 83.370786516854 |
| 2004 | Jun | 97.5848 | 90.89790897909 | 81.123595505618 |
| 2004 | Jul | 101.4577 | 91.020910209102 | 80.674157303371 |
| 2004 | Aug | 101.8045 | 93.972939729397 | 81.573033707865 |
| 2004 | Sep | 102.2949 | 99.015990159902 | 82.584269662921 |
| 2004 | Oct | 99.1193 | 102.33702337023 | 85.280898876405 |
| 2004 | Nov | 109.6946 | 100.36900369004 | 86.179775280899 |
| 2004 | Dec | 103.1786 | 101.59901599016 | 87.640449438202 |
| 2005 | Jan | 107.7863 | 103.93603936039 | 89.550561797753 |
| 2005 | Feb | 109.1441 | 109.963099631 | 91.910112359551 |
| 2005 | Mar | 105.7032 | 115.62115621156 | 94.606741573034 |
| 2005 | Apr | 112.7126 | 116.23616236162 | 98.426966292135 |
| 2005 | May | 115.4149 | 116.85116851169 | 100.11235955056 |
| 2005 | Jun | 119.1901 | 112.91512915129 | 99.101123595506 |
| 2005 | Jul | 119.1956 | 113.40713407134 | 99.325842696629 |
| 2005 | Aug | 121.2524 | 115.49815498155 | 98.426966292135 |
| 2005 | Sep | 122.7059 | 114.76014760148 | 100.22471910112 |
| 2005 | Oct | 118.3865 | 111.31611316113 | 100 |
| 2005 | Nov | 112.4428 | 107.62607626076 | 95.168539325843 |
| 2005 | Dec | 113.7558 | 110.08610086101 | 93.707865168539 |
| 2006 | Jan | 115.34 | 111.56211562116 | 93.483146067416 |
| 2006 | Feb | 108.7615 | 111.80811808118 | 94.831460674157 |
| 2006 | Mar | 114.0394 | 112.91512915129 | 95.730337078652 |
| 2006 | Apr | 115.2756 | 114.26814268143 | 95.168539325843 |
| 2006 | May | 114.0952 | 114.51414514145 | 95.056179775281 |
| 2006 | Jun | 116.5242 | 112.42312423124 | 92.808988764045 |
| 2006 | Jul | 120.0754 | 112.17712177122 | 93.707865168539 |
| 2006 | Aug | 114.785 | 112.54612546125 | 91.910112359551 |
| 2006 | Sep | 118.4246 | 112.91512915129 | 92.134831460674 |
| 2006 | Oct | 108.4252 | 112.54612546125 | 90.561797752809 |
| 2006 | Nov | 102.1618 | 112.05412054121 | 90.337078651685 |
| 2006 | Dec | 112.2278 | 112.66912669127 | 89.550561797753 |
| 2007 | Jan | 112.3688 | 114.88314883149 | 89.662921348315 |
| 2007 | Feb | 115.9655 | 116.35916359164 | 90.112359550562 |
| 2007 | Mar | 116.456 | 117.34317343173 | 90.786516853933 |
| 2007 | Apr | 116.7578 | 117.83517835178 | 92.022471910112 |
| 2007 | May | 113.7678 | 120.41820418204 | 93.258426966292 |
| 2007 | Jun | 112.8439 | 121.52521525215 | 93.370786516854 |
| 2007 | Jul | 116.4397 | 123.24723247232 | 94.606741573034 |
| 2007 | Aug | 112.2893 | 124.23124231242 | 95.168539325843 |
| 2007 | Sep | 112.7971 | 125.9532595326 | 95.730337078652 |
| 2007 | Oct | 116.1922 | 129.0282902829 | 97.752808988764 |
| 2007 | Nov | 119.1448 | 133.82533825338 | 101.34831460674 |
| 2007 | Dec | 123.6349 | 139.23739237392 | 106.51685393258 |
| 2008 | Jan | 125.485 | 145.38745387454 | 112.13483146067 |
| 2008 | Feb | 127.7694 | 148.09348093481 | 116.40449438202 |
| 2008 | Mar | 134.6613 | 148.83148831488 | 117.52808988764 |
| 2008 | Apr | 135.9069 | 146.9864698647 | 115.39325842697 |
| 2008 | May | 136.9115 | 149.20049200492 | 115.95505617978 |
| 2008 | Jun | 134.2712 | 149.32349323493 | 116.06741573034 |
| 2008 | Jul | 125.6205 | 148.33948339483 | 113.70786516854 |
| 2008 | Aug | 133.4753 | 146.0024600246 | 112.3595505618 |
| 2008 | Sep | 126.5695 | 145.14145141451 | 110.11235955056 |
| 2008 | Oct | 126.3385 | 136.16236162362 | 103.8202247191 |
| 2008 | Nov | 115.8357 | 124.9692496925 | 95.056179775281 |
| 2008 | Dec | 112.0916 | 125.46125461255 | 95.61797752809 |
| 2009 | Jan | 119.8766 | 127.92127921279 | 97.752808988764 |
| 2009 | Feb | 115.7716 | 128.90528905289 | 98.202247191011 |
| 2009 | Mar | 117.1647 | 130.9963099631 | 99.550561797753 |
| 2009 | Apr | 125.9234 | 135.30135301353 | 102.69662921348 |
| 2009 | May | 116.735 | 139.48339483395 | 105.95505617978 |
| 2009 | Jun | 129.3928 | 144.28044280443 | 110.33707865169 |
| 2009 | Jul | 135.3809 | 147.35547355474 | 113.03370786517 |
| 2009 | Aug | 133.2952 | 150.43050430504 | 116.1797752809 |
| 2009 | Sep | 138.3422 | 153.87453874539 | 118.31460674157 |
| 2009 | Oct | 136.2099 | 155.59655596556 | 119.43820224719 |
| 2009 | Nov | 136.9854 | 156.21156211562 | 120 |
| 2009 | Dec | 136.1768 | 159.16359163592 | 120.56179775281 |
| 2010 | Jan | 141.5052 | 163.09963099631 | 123.03370786517 |
| 2010 | Feb | 141.4551 | 165.55965559656 | 125.61797752809 |
| 2010 | Mar | 145.2445 | 168.75768757688 | 127.97752808989 |
| 2010 | Apr | 150.4496 | 172.57072570726 | 131.23595505618 |
| 2010 | May | 150.5716 | 171.83271832718 | 130.44943820225 |
| 2010 | Jun | 146.5435 | 173.18573185732 | 131.01123595506 |
| 2010 | Jul | 151.4331 | 177.9827798278 | 134.60674157303 |
| 2010 | Aug | 151.8322 | 182.16482164822 | 138.5393258427 |
| 2010 | Sep | 156.185 | 184.0098400984 | 139.88764044944 |
| 2010 | Oct | 160.8137 | 188.06888068881 | 142.69662921348 |
| 2010 | Nov | 162.8788 | 192.61992619926 | 146.29213483146 |
| 2010 | Dec | 160.1961 | 190.77490774908 | 146.06741573034 |
| 2011 | Jan | 163.7107 | 198.89298892989 | 152.47191011236 |
| 2011 | Feb | 166.3029 | 207.0110701107 | 158.42696629213 |
| 2011 | Mar | 164.3676 | 210.45510455105 | 162.47191011236 |
| 2011 | Apr | 177.5653 | 214.63714637146 | 164.15730337079 |
| 2011 | May | 178.1399 | 218.20418204182 | 167.07865168539 |
| 2011 | Jun | 173.5309 | 220.78720787208 | 168.42696629213 |
| 2011 | Jul | 163.7608 | 218.08118081181 | 165.39325842697 |
| 2011 | Aug | 175.5269 | 216.9741697417 | 165.95505617978 |
| 2011 | Sep | 176.5867 | 218.57318573186 | 165.95505617978 |
| 2011 | Oct | 150.2587 | 214.51414514145 | 163.93258426966 |
| 2011 | Nov | 185.9937 | 214.51414514145 | 161.57303370787 |
| 2011 | Dec | 164.9332 | 212.66912669127 | 159.88764044944 |
| 2012 | Jan | 166.2116 | 211.43911439114 | 159.43820224719 |
| 2012 | Feb | 174.7077 | 215.12915129151 | 163.03370786517 |
| 2012 | Mar | 181.1983 | 224.60024600246 | 170.11235955056 |
| 2012 | Apr | 185.6843 | 232.59532595326 | 174.83146067416 |
| 2012 | May | 184.9349 | 237.26937269373 | 177.86516853933 |
| 2012 | Jun | 182.3516 | 239.36039360394 | 179.66292134831 |
| 2012 | Jul | 184.6367 | 239.85239852399 | 181.34831460674 |
| 2012 | Aug | 189.7802 | 245.51045510455 | 186.62921348315 |
| 2012 | Sep | 199.0996 | 253.50553505535 | 196.62921348315 |
| 2012 | Oct | 196.8662 | 259.90159901599 | 202.92134831461 |
| 2012 | Nov | 194.7697 | 263.09963099631 | 205.61797752809 |
| 2012 | Dec | 202.4489 | 265.68265682657 | 208.08988764045 |
| 2013 | Jan | 201.4212 | 271.34071340713 | 213.59550561798 |
| 2013 | Feb | 202.6682 | 280.56580565806 | 220.44943820225 |
| 2013 | Mar | 204.9634 | 280.56580565806 | 220 |
| 2013 | Apr | 210.6055 | 279.70479704797 | 212.69662921348 |
| 2013 | May | 203.5132 | 281.42681426814 | 213.59550561798 |
| 2013 | Jun | 202.946 | 284.87084870849 | 217.41573033708 |
| 2013 | Jul | 208.532 | 286.71586715867 | 219.88764044944 |
| 2013 | Aug | 204.42815 | 287.69987699877 | 219.21348314607 |
| 2013 | Sep | 200.3243 | 286.10086100861 | 218.76404494382 |
| 2013 | Oct | 208.5219 | 286.10086100861 | 217.07865168539 |
| 2013 | Nov | 207.954 | 285.60885608856 | 215.50561797753 |
| 2013 | Dec | 206.086 | 285.36285362854 | 215.50561797753 |
| 2014 | Jan | 207.3184 | 284.25584255843 | 213.25842696629 |
| 2014 | Feb | 208.8065 | 283.39483394834 | 213.48314606742 |
| 2014 | Mar | 199.868 | 282.41082410824 | 213.25842696629 |
| 2014 | Apr | 204.3974 | 284.50184501845 | 215.05617977528 |
| 2014 | May | 206.5877 | 287.57687576876 | 218.5393258427 |
| 2014 | Jun | 206.7604 | 291.0209102091 | 221.68539325843 |
| 2014 | Jul | 209.4574 | 298.76998769988 | 229.32584269663 |
| 2014 | Aug | 212.1544 | 304.79704797048 | 234.94382022472 |
| 2014 | Sep | 214.8387 | 311.31611316113 | 240.44943820225 |
| 2014 | Oct | 216.9092 | 315.9901599016 | 245.39325842697 |
| 2014 | Nov | 220.4757 | 320.29520295203 | 246.51685393258 |
| 2014 | Dec | 221.4249 | 325.46125461255 | 251.01123595506 |
| 2015 | Jan | 227.2573 | 332.9643296433 | 258.31460674157 |
| 2015 | Feb | 234.2784 | 341.82041820418 | 262.58426966292 |
| 2015 | Mar | 235.9954 | 341.82041820418 | 263.93258426966 |
| 2015 | Apr | 237.7124 | 349.07749077491 | 267.41573033708 |
| 2015 | May | 223.5607 | 350.55350553506 | 269.55056179775 |
| 2015 | Jun | 240.8777 | 353.62853628536 | 273.93258426966 |
| 2015 | Jul | 250.5444 | 356.70356703567 | 275.84269662921 |
| 2015 | Aug | 230.0655 | 358.05658056581 | 277.86516853933 |
| 2015 | Sep | 235.0262 | 358.54858548585 | 275.2808988764 |
| 2015 | Oct | 230.56485 | 354.61254612546 | 269.32584269663 |
| 2015 | Nov | 226.1035 | 342.68142681427 | 260.67415730337 |
| 2015 | Dec | 224.6619 | 334.31734317343 | 253.25842696629 |
| 2016 | Jan | 221.9083 | 327.18327183272 | 248.87640449438 |
| 2016 | Feb | 211.9183 | 321.52521525215 | 242.24719101124 |
| 2016 | Mar | 217.9618 | 317.83517835178 | 242.02247191011 |
| 2016 | Apr | 229.2735 | 319.68019680197 | 243.14606741573 |
| 2016 | May | 204.5571 | 323.24723247232 | 245.61797752809 |
| 2016 | Jun | 216.2667 | 323.61623616236 | 247.75280898876 |
| 2016 | Jul | 223.5153 | 329.88929889299 | 252.24719101124 |
| 2016 | Aug | 231.1718 | 337.14637146371 | 260 |
| 2016 | Sep | 229.416 | 347.84747847478 | 266.96629213483 |
| 2016 | Oct | 235.1861 | 357.56457564576 | 274.94382022472 |
| 2016 | Nov | 234.9016 | 360.63960639606 | 278.42696629213 |
| 2016 | Dec | 239.6392 | 361.37761377614 | 280 |
| 2016 | Jan | 239.2056 | 364.82164821648 | 280.89887640449 |
| 2017 | Feb | 238.772 | 370.11070110701 | 284.26966292135 |
| 2017 | Mar | 238.1214 | 376.9987699877 | 290.78651685393 |
| 2017 | Apr | 248.0341 | 386.9618696187 | 300.67415730337 |
| 2017 | May | 241.8653 | 391.26691266913 | 303.59550561798 |
| 2017 | Jun | 249.2874 | 395.44895448954 | 308.5393258427 |
| 2017 | Jul | 247.83805 | 397.0479704797 | 308.5393258427 |
| 2017 | Aug | 249.628725 | 397.66297662977 | 309.10112359551 |
| 2017 | Sep | 246.3887 | 397.66297662977 | 309.43820224719 |
| 2017 | Oct | 251.4194 | 402.70602706027 | 311.79775280899 |
| 2017 | Nov | 256.9577 | 406.51906519065 | 315.16853932584 |
| 2017 | Dec | 256.8085 | 411.80811808118 | 320.44943820225 |
| 2018 | Jan | 259.7216 | 418.32718327183 | 324.15730337079 |
| 2018 | Feb | 262.0743 | 426.19926199262 | 331.01123595506 |
| 2018 | Mar | 257.9825 | 434.31734317343 | 336.29213483146 |
| 2018 | Apr | 257.8729 | 442.68142681427 | 343.48314606742 |
| 2018 | May | 259.783 | 448.70848708487 | 352.92134831461 |
| 2018 | Jun | 264.2601 | 457.56457564576 | 359.66292134831 |
| 2018 | Jul | 266.1273 | 463.09963099631 | 363.25842696629 |
| 2018 | Aug | 266.1643 | 461.86961869619 | 362.58426966292 |