Hong Kong Land Registry: The total value of property sale and purchase agreements in July was HKD 51.7 billion, a month-on-month decrease of 37.5% and a year-on-year decrease of 5.3%.

The Hong Kong Land Registry today (August 4) released the statistics for July 2026. In July, a total of 6,715 sale and purchase agreements for all types of buildings were submitted for registration to the Hong Kong Land Registry, representing a decrease of 28.8% compared to June and a 6.9% drop compared to July of last year. Based on a twelve-month moving average, the number of sale and purchase agreements for July was 7,776, falling by 0.5% from June but increasing by 30.2% compared to July of last year. The total value of sale and purchase agreements in July was HK$51.7 billion, down 37.5% from June and down 5.3% compared to July of last year. Among these sale and purchase agreements, there were 4,462 residential agreements, a decrease of 41.7% from June and a drop of 22.6% compared to July of last year. The total value of residential sale and purchase agreements in July was HK$41.9 billion, which is a 44.6% decrease from June and a 9.6% drop compared to July of last year. The statistics for residential sales do not include transactions under the Home Ownership Scheme, the Private Sector Participation Scheme, or the Tenant Purchase Scheme, unless the relevant unit has passed the resale restriction period and compensated for the price difference. The Land Registry also announced the figures for sale and purchase agreements over the past twelve months, along with annual trends of agreement fluctuations and detailed statistics for residential sales. Because land documents may be submitted for registration within thirty days following the transaction date, the above registration figures generally reflect property transaction numbers from the previous month. In July, the number of public searches totaled 1,466,737, an increase of 190.2% from June and an increase of 246.0% compared to July of last year. The search statistics include the times residents accessed search services via counter services, self-service terminals, and the "Integrated Registration Information System" online service.