The number of transactions with residential property of Hong Kong in October decreased on 58,1%

The number of transactions of selling residential property Hong Kong in October decreased on 58,1% in comparison with the same period last year.

This fall is the biggest from November 1999. The fourth month goes decrease of bulks of transactions. In money fall was 63% as to 2007. The cost of conclude transactions fall to 16,3 billions Hong Kong dollars ($2,1 milliard).

To decrease for property brought the negative forecasts of Hong Kong economic and fall on stock market.