Hong Kong’s lived-in home prices rose to a 28-month high in March after prices jumped 1.4 per cent, according to the latest official data on Tuesday, with the property market remaining resilient despite uncertainties created by the US-Israel war on Iran.

The widely watched index released by the Rating and Valuation Department (RVD) stood at 312.8 last month, the highest since 315.6 in November 2023.

The increase reflected a sustained recovery that began 11 months ago, showing a cumulative price...