Hong Kong Property Deals Hit Three-Year High in April
Residential buildings in Hong Kong.
Photographer: Lam Yik/BloombergThis article is for subscribers only.
Real estate transactions registered in Hong Kong nearly doubled in April, hitting a three-year high, just months after the government took steps to revive the market.
The number of deals surged to 9,880, up 97% from March, to the highest level since July 2021, according to data released by the Land Registry on Friday. They included new and used homes, commercial units, parking slots and other non-residential units.