Buyers have been returning to the local housing market ahead of the government's policy address today, which is unlikely to include further tightening measures, property agents say.
"The market expects only mild property measures in the policy address," said David Chan, a Ricacorp Properties director.
"In addition, flats in the primary market have been selling well. And as pent-up demand is gradually released, the secondary- home market remains active as well," he said.
A total of 265 second-hand flat sales were recorded last week in the 50 largest private housing estates monitored by Ricacorp.
The figure was down slightly from 270 in the previous week but it was the second week in a row that sales have been above 250.
There were fewer than 200 sales a week between the end of October and late December after the government introduced fresh tightening measures.