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RESIDENTIAL PROPERTY | Staff Reporter, Hong Kong
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Sale and purchase agreements for buildings slump 56.6% to 7,348

The total consideration for sale and purchase agreements was only $40.8 billion in August .

According to a release from the Hong Kong government, the number of sale and purchase agreements for all building units received for registration in August was 7,348, up 0.8% on July, but down 56.6% year on year.

The total consideration for sale and purchase agreements in the month was $40.8 billion, down 3.6% on July and a 49.1% year on year decline.

According to the release, residential units accounted for 5,439 of the sale and purchase agreements.

View the full report here.

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