The following is issued on behalf of the Hong Kong Monetary Authority:

     The Hong Kong Monetary Authority announced the results of the residential mortgage survey for March 2026.
      
     The number of mortgage applications in March increased month-on-month by 26.9 per cent to 10,311.
      
     Mortgage loans approved in March increased by 38.6 per cent compared with February to HK$40.1 billion. Among these, mortgage loans financing primary market transactions increased by 55.9 per cent to HK$13.4 billion and those financing secondary market transactions increased by 36.1 per cent to HK$23.4 billion. Mortgage loans for refinancing increased by 5 per cent to HK$3.3 billion. 
      
     Mortgage loans drawn down during March increased by 63.9 per cent compared with February to HK$26.9 billion. 
      
     The ratio of new mortgage loans priced with reference to HIBOR decreased from 87.5 per cent in February to 83.7 per cent in March. The ratio of new mortgage loans priced with reference to best lending rates decreased from 1.9 per cent in February to 1.5 per cent in March.
      
     The outstanding value of mortgage loans increased month-on-month by 0.4 per cent to HK$1,934.9 billion at end-March. 
      
     The mortgage delinquency ratio stood at a low level of 0.13 per cent and the rescheduled loan ratio was unchanged at nearly 0 per cent.

Ends/Thursday, April 30, 2026
Issued at HKT 16:30

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