Hong Kong Property Deals Hit 7,000 for 6 Months in March
Hong Kong's property transactions exceeded 7,000 for the sixth consecutive month in March, driven by rising demand. The value of transactions totaled nearly $8.16 billion. This marks the first time monthly volumes have stayed above 7,000 in four years.
Hong Kongβs property transactions crossed 7,000 for the sixth consecutive month in March β the first time in four years that monthly volumes stayed above this level β amid rising demand, according to estimates compiled by leading real estate agencies. The value of transactions for offices, shops, new and second-hand homes, industrial spaces and car parking slots amounted to nearly HK$64 billion (US$8.16 billion), according to separate estimates by Centaline Property Agency and Ricacorp...