April saw 16,280 sale and purchase agreements for all types of building units for registration, up 59% over March and 43.1% over a year earlier, the Land Registry says.

The total consideration was $47.9 billion, up 44% over March and 44.2% over a year earlier.

Using a 12-month moving average, the number of agreements represented a rise of 4.1% over March and 13.8% over a year earlier.

Among the agreements, 14,124 were for residential units. This represented a rise of 62.9% over March and 57% over a year earlier.