Yet the number of searches of land registers made in the same month dropped 2.9% compared with May and fell 6.7% compared with June 2010.
The Land Registry on Tuesday said the number of sale and purchase agreements for all building units received for registration in June was 11,601, representing a 7.5% decrease on May but a 4.3% increase on June last year.
The 12-month moving average for June was 12,985 - 0.3% above the 12-month moving average for May and 2.2% above that for June 2010.
The total consideration for sale and purchase agreements was $70.5 billion, an 11.6% increase compared with May and a 63.6% increase compared with the same month last year.
Among the sale and purchase agreements, 9,043 were for residential units, a 6.6% decrease compared with May and a 1% drop compared with June 2010.
View the full story here.
Do you know more about this story? Contact us anonymously through this link.