Hong Kong home sales crashed 39% to $286b

It's the lowest sales volume.

According to Barclays, 2013's full-year private housing sales came in at 46,150 transactions and HK$286bn.

In volume terms, this is down 39% y/y from 2012's 75,647 transactions and is the lowest private housing sales volume since data began in 1996.

Here's more from Barclays:

By value, the HK$286bn in private housing sales is down 36% y/y from 2012's HK$444.5bn and is the lowest since 2006's HK$220.5bn. Split by segment, developers sold 9,753 units in 2013 for HK$92.3bn sales, down 23% y/y in volume and -30% y/y in value. In the secondary market, housing sales volume fell 42% y/y to 36,397 while transaction value dropped 38% y/y to 194.0bn.

Average primary transaction down for second straight year to HK$9.46mn: For 2013, the average transaction size rose by 5.6% from 2012's HK$5.88mn to HK$6.20mn. This was driven largely by the secondary market where the average ticket size increased by 7.3% from HK$4.97mn to HK$5.33mn. In the primary market, the average transaction size shrank for the second straight year, falling from 2012's HK$10.37mn to HK$9.46mn in 2013