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.
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.
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