Thursday, May 5, 2011

Hong Kong Property Deals Plunge

Thursday, May 5, 2011

HONG KONG—New data show that the volume of deals in one of the world's most-expensive real-estate markets is slowing.

The number of Hong Kong property transactions in April was down 23% from the previous month, and down 27% from a year earlier, the Land Registry reported Wednesday. When measured by value, property transactions were also down 23% from March, and down 17% from a ...

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