Property sales and prices in Hong Kong rally as real estate investors become active in the belief th

[Nicholas Wallwork]

The property market in Hong Kong is recovering with figures showing a steady increase in sales and prices while the news that the recession has ended is expected to boost the real estate sector further.

Data from the Land Registry of Hong Kong indicate that increased liquidity and growing optimism in the market place is having a positive effect. The number of sales transactions in the Hong Kong residential market remained active during the period between the second half of June 2009 and the first half of July.

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