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Property sales up 7.6%

December 04, 2017

The Land Registry recorded 7,601 sale and purchase agreements for all building units in November, up 7.6% on October but down 11.8% compared to a year ago.

 

The total consideration for sale and purchase agreements in November was $66.7 billion, up 24.3% on October but down 6.4% year-on-year.

 

Among the sale and purchase agreements, 5,694 were for residential units, a 7.7% increase on the previous month but 15.5% less year-on-year.

 

The total consideration for residential units was $53.8 billion, up 28.5% compared with October but down 12.7% year-on-year.

 

The public made 481,694 land register searches during the month.



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