
Property sales dropped 20.7% to 7,540 deals
Total consideration was $56.6b.
The Land Registry recorded 7,540 sale and purchase agreements for all building units in September, up 23% on August but down 20.7% compared to a year ago.
The total consideration for sale and purchase agreements in September was $56.6 billion, up 29.1% on August but down 12.9% year-on-year.
Of the sale and purchase agreements, 5,629 were for residential units, up 40.2% on the previous month but down 28.1% year-on-year.
The total consideration for residential units was $45.3 billion, up 34.5% compared with August but down 19.1% year-on-year.
The public made 433,429 land register searches during the month.