Bumper year for secondary market

In a confirmation that the local property market has been red hot, a report from Centaline Property Agency found that from January to November 24, the number and turnover of property transactions in the secondary market were the highest since 1997.

There were 100,868 deals valued at HK$377 billion. In the primary market, turnover reached HK$123 billion, more than for all of last year.