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 From Hong Kong's Information Services Department
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July 4, 2006
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Property

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Land Registry transactions down 8.8%
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land_registry.gif

The Land Registry received 8,508 sale and purchase agreements for all types of building units in June, down 8.8% on May and 32.9% on June last year.

 

The total consideration of these agreements in the month was $24.6 billion, down 26% on May and 35.2% on June last year.

 

Among the 8,508 sale and purchase agreements, 7,150 were for residential units, down 8.5% on May and 33.5% year-on-year.

 

The total consideration of these agreements was $19.4 billion, down 16.9% on May and 36.6% on June last year.