Property agents expect registered transactions to have stagnated this month because developers have put the brakes on the sale of new residential projects. However, agent Ricacorp Properties said transactions this month could see an 11.9 per cent increase over October last year. Centaline Property Agency estimated 7,900 sale-and-purchase agreements were registered with the Land Registry this month, barely changed from the 7,857 deals last month. Transaction values were forecast to reach HK$21.5 billion, also almost unchanged from the HK$21.6 billion last month, it said. Ricacorp said secondary market transactions rose about 15 per cent on last month's volume to reach 4,289 this month due to fewer key housing developments coming on to the primary market. Agents compile their figures based on Land Registry records. Official figures should be released in the next few days. Centaline forecasts the number of registered sale-and-purchase agreements this year might only reach 85,000, 13 per cent below last year.