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<HK Home>HK Last Dec Mortgage Loans Approved Up 5.4% MoM
The Hong Kong Monetary Authority (HKMA) announced the results of the residential mortgage survey for December 2024. The number of mortgage applications in December decreased month-...
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<HK Home>HK Last Dec Mortgage Loans Approved Up 5.4% MoM
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The Hong Kong Monetary Authority (HKMA) announced the results of the residential mortgage survey for December 2024. The number of mortgage applications in December decreased month-on-month by 21.1% to 6,306.

Mortgage loans approved in December increased by 5.4% compared with November to HK$25.5 billion. Among these, mortgage loans financing primary market transactions increased by 8.7% to HK$8.6 billion and those financing secondary market transactions increased by 0.5% to HK$13.8 billion. Mortgage loans for refinancing increased by 21.1% to HK$3.1 billion.

Mortgage loans drawn down during December increased by 24.5% compared with November to HK$13.3 billion.

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