Published:
Hong Kong's property sales fell 36%
Agreements amounted to only $31.9b.
According to a report, the Lands Registry recorded 4,387 sale and purchase agreements for all building units in April, down 35.9% on March, and 59% year-on-year.
The total consideration for these agreements stood at $31.9 billion, down 28.3% on March and 47.6% year-on-year.
There were 3,427 agreements for residential units, with a total consideration of $18.7 billion.
The public made 376,374 searches of land registers during the month, 6.7% down on March, and 9.3% less year-on-year.
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