From: news.xinhuanet.com
November 03, 2009 22:52 Beijing Time
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    HONG KONG, Nov. 3 (Xinhua) -- The number of sale and purchase agreements for all building units in Hong Kong in October was 11,112, up 83.5 percent year on year but down 23 percent from the previous month, the city's Land Registry said Tuesday.

    The agreements were worth a total of 45.5 billion HK dollars (5. 8 billion U.S. dollars), up 140 percent year on year but down 32.2 percent from September.

    About 9,300 of the agreements were for residential units, up 97. 1 percent year on year but down 24.3 percent on September. The total value stood at 36.3 billion HK dollars (4.7 billion U.S. dollars), down 35.3 percent month on month.

    Rising housing prices, particularly that of the luxury flats, have caused concerns for potential asset bubbles and prompted the Hong Kong Special Administrative Region (HKSAR) government officials to comment on housing prices i...

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