Hong Kong Real Estate Purchasing: Hong Kong's cumulative cargo volume continued to decline to 18,387 units in 2025, hitting a new low of more than two and a half years

The Zhitong Finance App learned that Wang Pindi, director of the Hong Kong Real Estate Research Department, said that in 2025, the cumulative final volume of goods to be sold in Hong Kong was about 18,387 units, a decrease of about 2.7% from about 18,889 units in November 2025, falling 11 months in a row, hitting a new low of more than 2 and a half years; compared with about 21,674 units in December 2024, the total number of units sold in 2025 was reduced by nearly 3,300 units.

If the cumulative number of goods to be sold changed in 2025 by dividing the three regions, Hong Kong Island, Kowloon and the New Territories all decreased compared to the overall level. Among them, the biggest decrease was in the Kowloon region (including Tseung Kwan O and Sai Kung). There were about 9974 cargo units for sale in December 2025, a sharp decrease of about 2201 units from about 12,175 units in December 2024, a decrease of about 18.1%.

The cumulative volume of goods in Hong Kong continued to decrease in 2025, mainly due to the rapid delivery of end-of-goods. According to the Hong Kong Real Estate Data Research Department's comprehensive “First-hand Residential Property Sales Information Network” data and market news, the number of first-hand sales units in 2025 was 20056, an increase of about 29.4% over 15,502 units in 2024, a record high since the 2013 first-hand sales regulations.

It is worth noting that if a new product launched in 2025 is divided into end-of-line sales units for projects launched in 2024 or before, approximately 9613 units were sold, accounting for about 47.9%, and 10,443 end-of-goods units were recorded, accounting for about 52.1%.