On January 3rd, the Hong Kong Land Registry published the statistical figures for December 2024. 郭伟恩, Executive Director of CBRE Group Hong Kong Valuation and Consulting Services Department, indicated that the total volume for the whole year of 2024 is expected to reach 53,099 transactions, an increase of 0.01 million transactions compared to 2023, with market activity rising mainly due to the Hong Kong government's withdrawal of restrictions and interest rate cuts. The increase mainly comes from the primary market. The firm expects the volume in January to maintain its current level. Developers are expected to launch more new projects after the Lunar New Year, which may lead to an increase in transaction volume. 郭伟恩 stated that the volume of residential property sales contracts in December softened after two consecutive months of increase. December's transaction volume dropped by 34.9% from the previous month to 4,103 transactions. The continuous decline in mortgage rates attracts buyers to enter the market gradually. However, the drop in December's transaction volume is mainly influenced by seasonal factors.