Statistics

HK's flat sales rise 31.5% in Nov

(Xinhua)
Updated: 2010-12-03 10:25

HONG KONG - Nearly 16,000 sale and purchase agreements for all building units were received for registration in November, up 31.5 percent from October and 42.7 percent from November last year, Hong Kong's Land Registry said on Thursday.

Among 15,967 sale and purchase agreements, 13,189 were for residential units, up 38.1 percent from the prior month and 43.2 percent from the same period last year.

Related readings:  House prices increase 0.8% in November  HK launches special stamp duty to curb house speculation  Property prices remain high  Overseas money floods Chinese property market

The total consideration of sale and purchase agreements in the month was HK$74 billion ($9.5 billion), up 30.2 percent on October and 54.5 percent from the previous year.

The total consideration for sale and purchase agreements in respect of residential units was HK$58.8 billion, up 30.9 percent from October and 54.2 percent from November last year.