Overall property transactions in the Year of the Snake totalled 87,506 valued at about US$86.8 billion, according to the Land Registry
“The Year of the Horse will build on the momentum,” he said. “With lower rates and potential government budget support, the market will move from recovery to expansion.”
He said investors could expect a more balanced volume growth, firmer prices across the mass, mid‑market and luxury segments and a healthier secondary sector.
Ricacorp, meanwhile, estimated 88,200 transactions valued at HK$684 billion in the just-concluded Year of the Snake, an increase of 31 per cent and 27 per cent, respectively, compared with the preceding Year of the Dragon.
