Buoyant market: September saw 11,206 sale and purchase agreements for all types of building units received for registration, up 29.8% on August.

September saw 11,206 sale and purchase agreements for all types of building units received for registration. The Land Registry said this was a surge of 29.8% on August and a 29.3% rise on September last year.

Using a 12-month moving average, the figure for September rose 2.7% on August but fell 27.8% on September last year.

The total consideration of these agreements was $34.1 billion, up 36.2% over August and 45.1% over a year earlier.

Of the 11,206 sale and purchase agreements, 9,811 were for residential units. This was 39.5% growth on August and a 38.2% rise on September last year.

The total consideration of these agreements rose 37.7% on August, to $29 billion. Compared with the same period last year, the figure surged 61.5%.