Property sales dip 6%

The Land Registry recorded 7,400 sale and purchase agreements for all building units received for registration in September, down 6% from August but 12.4% higher year-on-year.   The total consideration for such agreements dipped 5.2% from August to $66.8 billion in August, but a 30.1% year-on-year increase was recorded.   Of the agreements, 5,844 were for residential units, up 5.4% from August and up 16.3% compared with a year ago.   The total consideration of residential units was $56.1 billion, a rise of 2.9% compared with August and an increase of 29.1% from September 2020.   There were 489,429 land register searches last month.
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