November saw 13,690 sale and purchase agreements in Hong Kong estate market for all types of building units for registration, up 41.9 percent over a year earlier, Hong Kong Land Registry said Thursday.

The total consideration was 44.5 billion HK dollars (5.7 billion US dollars), up 108.9 percent over a year earlier, said the Land Registry.

When compared with October, the number of agreements increased 25.4 percent while the total consideration went up 30.2 percent.

Using a 12-month moving average, the number of agreements represented a surge of 3.4 percent over October and 43.8 percent over a year earlier.

Among the agreements, 11,281 were for residential units. This represented an increase of 28 percent over October and 44.4 percent over a year earlier.

The total consideration of these agreements was 35 billion HK dollars (4.5 billion US dollars), up 31.6 percent over October and98.3 percent over a year earlier, said the Land Registry.

Source: Xinhua