The number of transactions in the primary market dropped 34.7 per cent to about 1,000 last month, while the total value tumbled by a fifth to HK$16 billion, Centaline estimates. Photo: Xiaomei Chen The number of transactions in the primary market dropped 34.7 per cent to about 1,000 last month, while the total value tumbled by a fifth to HK$16 billion, Centaline estimates. Photo: Xiaomei Chen
The number of transactions in the primary market dropped 34.7 per cent to about 1,000 last month, while the total value tumbled by a fifth to HK$16 billion, Centaline estimates. Photo: Xiaomei Chen

Hong Kong’s total property sales surged to US$10.6 billion in April, highest in 23 months, Centaline predicts

  • Total sales, including homes, shops, industrial units and parking spaces, hit their highest monthly level in almost two years as buyers bet on the local economy bouncing back from recession
  • Used homes fared much better than new units, with an estimated 5,800 flats changing hands for HK$50 billion

Topic |   Hong Kong property
The number of transactions in the primary market dropped 34.7 per cent to about 1,000 last month, while the total value tumbled by a fifth to HK$16 billion, Centaline estimates. Photo: Xiaomei Chen The number of transactions in the primary market dropped 34.7 per cent to about 1,000 last month, while the total value tumbled by a fifth to HK$16 billion, Centaline estimates. Photo: Xiaomei Chen
The number of transactions in the primary market dropped 34.7 per cent to about 1,000 last month, while the total value tumbled by a fifth to HK$16 billion, Centaline estimates. Photo: Xiaomei Chen
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