Hong Kong home sales crashed 46.1% in November

The total consideration was $30.4b.

In a report, the Land Registry said there were 3,790 sale and purchase agreements for residential units in November, up 10.6% on October but down 46.1% year-on-year.

Total consideration for these agreements was $30.4 billion, up 65.4% on October, and down 27.6% year-on-year.

There were 5,061 sale and purchase agreements registered for all building units in November, up 8.9% on October, but down 56.3% year-on-year.

The total consideration for sale and purchase agreements for the month was $43.4 billion, up 45.5% on October but down 37.8% year-on-year.

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Hong Kong GDP seen to decline by 1.5% with exports under strain
China's economy is also expected to slow, with GDP forecast to decline by 0.5% by the end of 2025.
Economy
CITIC Bank International holds firm with solid capital and liquidity: analyst
The bank’s exposure to property development and investment in Hong Kong accounted for 13% of gross loans at the end of 2024. 
Markets
CITIC Bank International holds firm with solid capital and liquidity: analyst
The bank’s exposure to property development and investment in Hong Kong accounted for 13% of gross loans at the end of 2024.