Hong Kong Monetary Authority: The amount of new residential mortgage loans approved in June increased by 3.3% month-on-month to HK$27.5 billion.

date
02/08/2025
On July 31st, the Hong Kong Monetary Authority released the results of the residential mortgage survey for June 2025. In June, the number of new loan applications increased by 4.8% compared to May, reaching 8,581 cases. The total amount of new mortgage loans approved in June increased by 3.3% compared to May, totaling 27.5 billion Hong Kong dollars. Among them, loans granted for first-hand market transactions increased by 4.2% to 9.3 billion Hong Kong dollars; loans granted for second-hand market transactions increased by 2.4% to 15 billion Hong Kong dollars. As for loans granted for loan transfers, the amount increased by 5.2% to 3.2 billion Hong Kong dollars. The total amount of new drawdown mortgage loans in June increased by 8.9% compared to May, reaching 17.7 billion Hong Kong dollars.