Hong Kong property market: Second-hand residential transactions decrease month-on-month in May, but still reach a six-month high.

Wong Man Di, Director of the Research Department of Hong Kong Property, stated that according to data from the Land Registry, there were 3,795 second-hand residential properties registered in May, a decrease of approximately 14.3% from the 4,427 registered in April. The registration volume in May mainly reflects the market conditions in April, when the global stock market was impacted by the tariff war, which also slowed down trading in the Hong Kong property market. Nevertheless, the number of registrations still reached a six-month high. With the easing of the tariff war in May and recent interest rate declines, the property market sentiment is expected to improve, and it is anticipated that the registration volume in June, which will primarily reflect the market conditions in May, will increase.