Hong Kong Used-Home Sales Unchanged at Weekend, Centaline Says

Oct. 2 (Bloomberg) -- Used-home sales in 10 of Hong Kong’s largest private developments were unchanged on Oct. 1 to Oct. 2 compared with a week ago as negative property news and global financial market turmoil dented buyers’ confidence, Centaline Property Agency Ltd. said in an e-mailed statement today. Ten transactions were recorded, it said. Buyers may have exercised caution ahead of the Hong Kong government’s policy address this month, according to the statement.

To contact the reporter on this story: Bei Hu in Hong Kong at bhu5@bloomberg.net

To contact the editor responsible for this story: Paul Gordon at pgordon6@bloomberg.net