Land Registry

HK property sales drop by 22% but anticipated rate cuts may spark rebound

Developers are preparing to launch new projects, anticipating pent-up demand after a rate cut, CBRE said.

Property sales decline 4.3% in March

The Land Registry recorded 3,828 property sales and purchase agreements in March.

Property sales dip 6% MoM in September

Year on year, however, property sales are up 12.4%.

Property sales up 6.1% in July

Total consideration for the sales amounted to $94b.