November saw 13,690 sale and purchase agreements for all types of building units for registration, up 41.9% over a year earlier, the Land Registry says. The total consideration was $44.5 billion, up 108.9% over a year earlier.

When compared with October, the number of agreements increased 25.4% while the total consideration went up 30.2%.

Using a 12-month moving average, the number of agreements represented a surge of 3.4% over October and 43.8% over a year earlier.

Among the agreements, 11,281 were for residential units. This represented an increase of 28% over October and 44.4% over a year earlier.

The total consideration of these agreements was $35 billion, up 31.6% over October and 98.3% over a year earlier.