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Photo by Aleksander Pasaric via Pexels.
Property sales up 0.3% in July
The total consideration for residential units was $35.7b.
The Land Registry logged 5,262 sale and purchase agreements for building units in July, up 0.3% compared with June and 18.9% higher from July 2023 sales.
The total consideration from property sales rose 3.8% to $42.7b compared to June and is higher by 29.4% year-on-year (YoY).
Of the agreements, 3,723 were for residential units, 3.4% lower than in June, but 21.5% higher from a year ago.
The total consideration for residential units was $35.7b, up 3.4% compared with June and up 34.2% YoY.
There were 396,209 land register searches in July.
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