Chart 11
Number ('000)
50
40
30
20
10
0
3
The Economy
Sale and Purchase Agreements by
Broad Type of Property
Non-residential property Residential property
الاس
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
2010
| 2011
2012
2013 }
2014
Trading activities rebounded in April and stayed generally active for the rest of 2014.
In tandem with the rebound in trading activities, flat prices have also reverted from a modest decline in the first quarter to sustained increases since the second quarter. Comparing December 2014 with a year earlier, overall flat prices surged by 14 per cent, with most of the gains occurring during the second half. The increase was led by small/medium-sized flats, the prices of which soared by 14 per cent. By comparison, prices of large flats went up by a less rapid 6 per cent. Similarly, overall flat rentals rose by 6 per cent, with rentals of small/medium- sized and large flats increasing by 7 per cent and 2 per cent respectively (Chart 12).
Chart 12
Prices and Rentals of Residential Property
(Jan 2012-100)
160
150
140
130
120
110
Index
Feb 2013
Price index
Rental index
100
Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov
2012
2013
2014
I
Flat prices and rentals reverted to sustained increases after decline in the first quarter of 2014.
modest
47