Home sales slowed last week as the market paused to digest recent increases in demand and the first case of H1N1 swine flu was confirmed in Hong Kong on Friday.

Over the three-day May Day holiday, sales in the primary market dropped to 100 units from about 170 units during the previous weekend, as no new projects were launched, agents said.

Secondary home sales fell by about half from a week earlier, Ricacorp Properties managing director Willy Liu Wai-keung said.

South China Morning Post