Flat transactions up 50.3pc in December 2017

Local | 3 Jan 2018 3:57 pm

The number of sale and purchase agreements for all building units received for registration in December last year was 7,158, representing a year-on-year increase of 2.7 percent, statistics released by the Land Registry today showed.

Among the transactions last month, 5,337 involved residential units - rose 50.3 percent when compared with December 2016, but declined 6.3 percent over November 2017.

Total dollar volume relating to residential units was HK$52.0 billion in December 2017 – 58.1 percent higher than a year ago, but down 3.5 percent from the previous month.

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