TC

04/05/2016 15:18

HK residential units deals up 102% mom to HK$34.5bn in April

    The Land Registry said today the number of sale and purchase agreements for all building units received for registration in April was 5,613, an increase of 78% compared with March but a decrease of 9.8% from a year earlier.
  The 12-month moving average for April was 5,152, 1% below the 12-month moving average for March and 31.5% below that for the same month last year.
  The total consideration for sale and purchase agreements in April was HK$42.3 billion, up 95.3% month-on-month but down 5.2% year-on-year.
  Among the sale and purchase agreements, 4,494 were for residential units, an increase of 89.7% from a month earlier but a decrease of 1.2% from a year ago. The total consideration for sale and purchase agreements in respect of residential units was HK$34.5 billion, an increase of 101.6% month-on-month but a decrease of 1.2% from the same period last year.

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