South China Morning Post
International Β· 2 hrs ago
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Hong Kong home sales surge to 2-year high, boosting overall transactions
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Hong Kong property transactions reached a two-year high in April, with 8,692 deals concluded representing a 12.3% increase from March, indicating strength in the real estate market despite broader economic uncertainties.
Hong Kong home sales surge to 2-year high, boosting overall transactions
Hong Kong property transactions surged to a four-month high in April, while the value and volume of home sales hit their highest level in 24 months, according to the latest official data, underscoring the resilience of the cityβs real estate sector amid uncertainties over interest rates and the US-Israel war on Iran.
A total of 8,692 transactions across homes, offices, shops, car parking spots and industrial spaces were concluded last month, up 12.3 per cent from Marchβs 7,737 deals, according..
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