Information from the Statistics and Census Service indicates that in the first nine months of 2005, 19,149 acts of deed, with a total value of MOP20.29 billion, were notarized on sales and purchases of real estate and mortgage credits. The number and value of these deeds were up 27.5% and down 12.7% respectively in comparison with the same period of 2004. In the third quarter of 2005, 5,376 acts of deed were notarized on sales and purchases of real estate and mortgage credits, down 1.1% year on year. The total value of these acts of deed was MOP5.20 billion, down 62.1% year on year. The number and value of the acts of deed decreased 30.2% and 37.2% respectively compared with the second quarter of 2005. In the first nine months of 2005, 16,638 contracts of sales and purchases of real estate were made, and their value amounted to MOP13.73 billion. The number and value were up 21.9% and 34.0% respectively over the same period of 2004. In the third quarter of 2005, 4,502 contracts of sales and purchases of real estate were made, of which 6,160 real estate units were transacted, amounting to MOP3.55 billion. The number and value went down 10.1% and 3.9% respectively over the third quarter of 2004. In comparison with the second quarter of 2005, the number and value decreased 31.5% and 36.7% respectively. In terms of end-use, transactions of residential units still topped the list (60.8%) in the third quarter of 2005. According to the records of the notary offices, in the first nine months of 2005, the total value of mortgage credits reached MOP12.12 billion, down 26.5% year on year. In the third quarter of 2005, the total value of mortgage credits amounted to MOP3.31 billion, of which MOP1.66 billion (50.2%) was related to purchases of real estate and MOP1.65 billion to mortgage credits not involving actual property transactions. The total amount decreased 70.9% over the third quarter of 2004; credits involving actual property transactions registered an increase of 21.7%. In comparison with the second quarter of 2005, the above indicators fell 30.6% and 20.9% respectively.
Is there anything wrong with this page?