The Hong Kong Monetary Authority published its residential mortgage survey results for December 2025, showing a month-on-month decline in mortgage applications alongside higher loan approvals and drawdowns. Mortgage applications fell 5.1% from November to 7,612. Approved mortgage loans rose 7.1% to HKD 31.2 billion, including HKD 11.7 billion for primary market transactions (up 8.2%), HKD 16.8 billion for secondary market transactions (up 7.6%) and HKD 2.7 billion for refinancing (down 0.6%). Loans drawn down increased 1.7% to HKD 20.0 billion. The share of new mortgages priced with reference to HIBOR eased to 89.8% (from 90.7%), while pricing with reference to best lending rates rose to 1.3% (from 1.1%). Outstanding mortgage loans increased 0.2% to HKD 1,917.5 billion at end-December, with the delinquency ratio at 0.14% and the rescheduled loan ratio unchanged at nearly 0%.
Hong Kong Monetary Authority 2026-01-30
Hong Kong Monetary Authority releases December 2025 mortgage survey showing applications down 5.1% and approvals up to HKD 31.2 billion
The Hong Kong Monetary Authority's December 2025 residential mortgage survey revealed a 5.1% decrease in mortgage applications to 7,612, while approved loans rose 7.1% to HKD 31.2 billion, with increases in primary and secondary market transactions. Loans drawn down increased 1.7% to HKD 20.0 billion, and outstanding mortgage loans rose 0.2% to HKD 1,917.5 billion, with a delinquency ratio of 0.14%.