Published:
Property sales down 11.8% to $66.7b in November
There were a recorded 7,601 sale and purchase agreements last month.
Property sales fell 11.8% YoY to $66.7b in November, according to a government press release.
On a monthly basis, however, property sales rose 7.6%.
The Land Registry recorded 7,601 sale and purchase agreements for all buildings units. Among these, 74% or 5,694 were for residential units.
The total consideration for the sale of residential properties was $53.8b which posts a 12.7% YoY decline.
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