PROPERTY SALES DOWN 16.4%

2-12-2022

gov_rss

The Land Registry recorded 3,713 sale and purchase agreements for all building units received for registration in November, down 16.4% compared with October and 48.7% lower year-on-year.

The total consideration for such agreements fell 7.7% from October to $30.2 billion in November while a 52% year-on-year decrease was recorded.

Of the agreements, 2,731 were for residential units, down 13.2% from October and 49.5% lower than a year ago.

The total consideration of residential units was $25.9 billion, a decrease of 4.8% compared with October and down 49.6% from October last year.

There were 416,593 land register searches last month.




PREVIOUSNEXT

Latest Business News

最新商業資訊


Multisensory show launched in TST  28-3-2024

gov_rss

Secretary for Culture, Sports & Tourism Kevin Yeung today attended the launch ceremony of Voyage with Van Gogh, an ...


CS concludes Hainan visit  28-3-2024

gov_rss

Chief Secretary Chan Kwok-ki concluded his visit to Hainan today by attending the opening plenary of the Boao Forum for A...


Mortgage loans down 15%  28-3-2024

gov_rss

The value of residential mortgage loans approved in February was $17.9 billion, a 15% drop compared with January, the Mon...


CS speaks at Boao thematic forum  27-3-2024

gov_rss

Chief Secretary Chan Kwok-ki today attended the Global Free Trade Ports Development Forum at the Boao Forum for Asia Annu...