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