---
title: "Land Registry: Residential building sale agreements in March increased by 18% year-on-year, with a total contract value rising by 42%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281480380.md"
description: "The Land Registry announced that in March, there were a total of 6,316 residential property sale and purchase agreements, an increase of 17.7% year-on-year, with a total value of HKD 55.2 billion, up 42.2% year-on-year. The overall number of property sale and purchase agreements was 7,737, an increase of 16.2% year-on-year, with a total value of HKD 62.3 billion, up 36.5% year-on-year. The number of searches conducted by the public was approximately 452,100, an increase of 15% year-on-year"
datetime: "2026-04-02T07:05:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281480380.md)
  - [en](https://longbridge.com/en/news/281480380.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281480380.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/281480380.md) | [繁體中文](https://longbridge.com/zh-HK/news/281480380.md)


# Land Registry: Residential building sale agreements in March increased by 18% year-on-year, with a total contract value rising by 42%

The Land Registry announced that a total of 7,737 types of property sale and purchase agreements were submitted for registration in March, a month-on-month decrease of 2.4% but a year-on-year increase of 16.2%.

Based on a 12-month moving average, the number of property sale and purchase agreements in March was 7,341, reflecting a month-on-month increase of 1.2% and a year-on-year increase of 23.6%. The total value of property sale and purchase agreements was HKD 62.3 billion, a month-on-month increase of 0.3% and a year-on-year increase of 36.5%.

Among the aforementioned agreements, residential property sale and purchase agreements accounted for 6,316, showing a month-on-month decrease of 5.3% but a year-on-year increase of 17.7%. The total value of these agreements was HKD 55.2 billion, with a month-on-month decrease of 4.2% and a year-on-year increase of 42.2%.

Additionally, the number of inquiries made by citizens in March totaled approximately 452,100, representing a month-on-month increase of 43.2% and a year-on-year increase of 15%

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