Personal Finance
Hong Kong building sales fall 0.4% in April
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Posted 06 May 2008 @ 11:30 am HKT
HONG KONG - April saw 10,945 sale and purchase agreements for all types of building units received for registration. The Land Registry said the figure was down 0.4% on March and 0.3% on April last year.
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Oil is steady after talk of OPEC cutsUsing a 12-month moving average the April figure fell 0.01% on March but rose 49.4% on the same month last year.
The total consideration of these agreements was $33.5 billion, down 23.9% on March and down 23.1% on the same period last year.
Of the 10,945 sale and purchase agreements 9,047 were for residential units, down 5.3% on March and down 5.1% on April last year.
The total consideration of these agreements fell 26.4% on March to $27.6 billion. Compared with the same period last year the figure dropped 30.1%
news.gov.hk
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