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Hong Kong Residential Sales Market - May 2016

Hong Kong home sales in March rebounded 89.7% month-on-month, according to April-released figures. The slide in mass residential capital values narrowed to 0.5% m-o-m in April from 1.4% m-o-m in the previous month.

New launches in Tseung Kwan O gained significant traction in the primary sales market, while the number of residential units pending pre-sale consent jumped to the highest level in seven months.

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