April saw 10,945 sale and purchase agreements for all types of building units received for registration. The Land Registry said the figure was down 0.4% on March and 0.3% on April last year.

Using a 12-month moving average the April figure fell 0.01% on March but rose 49.4% on the same month last year.

The total consideration of these agreements was $33.5 billion, down 23.9% on March and down 23.1% on the same period last year.

Of the 10,945 sale and purchase agreements 9,047 were for residential units, down 5.3% on March and down 5.1% on April last year.

The total consideration of these agreements fell 26.4% on March to $27.6 billion. Compared with the same period last year the figure dropped 30.1%.