March residential deals dive by 45pc

Local | 5 Apr 2016 4:19 pm

Residential deals tumbled by 45.3 percent last month to 2,369 compared with the same month the year before, the Land Registry announced today.

But sale and purchase transactions climbed by 31.1 percent compared with February.

The value of deals was also dropped by 46.3 per cent compared with March 2015 to HK$17.1 billion. Compared with February, deals increased by 45.3 percent.

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