RTTNews - Tuesday, Hong Kong's Land Registry said sale and purchase agreements for residential units totaled 11,788 in May, up 42.3% from the previous year. Month-on-month, transactions grew 19.6%.
The total number of sale and purchase agreements for all types of building units received for registration in the Land Registry was 13,067 in May, up 17.2% from April.
The total consideration of agreements rose 9.1% in May from the prior month to HK$44 billion. This was 29.5% higher than the amount for May 2008.
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