Hong Kong’s property transactions crossed 7,000 for the sixth consecutive month in March – the first time in four years that monthly volumes stayed above this level – despite a slight fall last month, according to official data.
Residential transactions declined by about 5.3 per cent to 6,316 from a month earlier, while their month-on-month value decreased by 4.19 per cent to HK$55.18 billion (US$7.04 billion), according to data from the Land Registry on Thursday.
