• It's Here!

    Etf Pro

    Get the big financial market moves right, bullish or bearish with Hedgeye’s ETF Pro.

  • It's Coming...

    MARKET EDGES

    Identify global risks and opportunities with essential macro intel using Hedgeye’s Market Edges.

MACAU’S REAL ESTATE SECTOR REBOUNDS IN 2ND QUARTER macaunews.com.mo

The real estate sector in Macau has rebounded in the second quarter; real-estate transactions rose 123% quarter-over-quarter to 3,713, according to the Statistics and Census Service.  The 3,713 building units involved had an officially declared value of MOP4.57 billion, up 115% quarter-over-quarter. 

An annual comparison is less positive; the number of property transactions in the second quarter was down 53.2% when compared to the same period in 2008, with the total value of the properties down 60.8%.