Hong Kong's home prices have risen for the second straight month with a slight increase in November.

Private residential prices for the month were up nearly 0.07 percent compared to October, according to the latest data from the Rating and Valuation Department on Friday.

Prices were down 7.8 percent compared to the same month a year ago.

Rents continued to drop for the second month, falling about 0.36 percent compared to October.