Property Sales Up 28.6%
The Land Registry received 6,428 sale and purchase agreements for all building units for registration in March, up 28.6% on February and 0.2% over a year earlier.
The total consideration for such agreements surged 26.8% from February to $52.8 billion, representing a 4.6% year-on-year rise.
Of the agreements, 5,231 were for residential units in March. This was 27.9% higher than February and 22.7% over March 2018.
The total consideration for agreements involving residential units went up 27.1% from February to $45.9 billion. Comparing to the same period last year, the figure represented an 18.2% growth.
There were 465,994 land register searches last month.
US Stocks Rise On Hopes Of Pause In Rate Increases
Wall Street stocks finished solidly higher on Thursday, reflecting better sentiment on the US economy and a consensus vi... Read more
China's Financial Risks 'controllable': Regulators
The head of the National Financial Regulatory Administration on Thursday told a high-profile forum in Shanghai that the ... Read more
Banks Cut Yuan Deposit Rates, Could Boost Consumption
China's biggest banks on Thursday said they have lowered interest rates on yuan deposits, in actions that could ease pre... Read more
Cheese And Wine Put EU, Australia Deal In Peril
Australia on Thursday threatened to walk away from a blockbuster free trade deal with the European Union unless its prod... Read more
US Stocks End Mixed As Tech Shares Are Sold Off
Gains by industrial companies lifted the Dow on Wednesday, while weakness among technology shares pushed the Nasdaq deci... Read more
Amazon 'plans Prime Video Streaming Service With Ads'
Amazon.com is planning to launch an advertising-supported tier of its Prime Video streaming service, the Wall Street Jou... Read more