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/Zx Teoh via Pexels.
Property sales up 31.3% in November with 7,689 units sold
The Land Registry recorded 382,391 land register searches during November.
The Land Registry reported 7,689 sale and purchase agreements for all building units registered in November, marking a 31.3% increase from October and a 117.7% year-on-year (YoY) rise.
The total consideration for these agreements reached $64.1b, reflecting a 53.9% increase from October and a 161.3% growth YoY.
Of these agreements, 6,298 were for residential units, representing a 146.6% surge compared to the same period last year. The total consideration for residential units was $57.3b, up 53.6% from October and 191.1% YoY.
Additionally, the Land Registry recorded 382,391 land register searches during November.
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