Residential Mortgage Survey Results for May 2026
************************************************
The Hong Kong Monetary Authority announced the results of the residential mortgage survey for May 2026.
The number of mortgage applications in May increased month-on-month by 12.8 per cent to 10 767.
Mortgage loans approved in May increased by 10.1 per cent compared with April to HK$40.2 billion. Among these, mortgage loans financing primary market transactions increased by 9.4 per cent to HK$11.7 billion and those financing secondary market transactions increased by 9.1 per cent to HK$23.8 billion. Mortgage loans for refinancing increased by 17.7 per cent to HK$4.7 billion.
Mortgage loans drawn down during May increased by 4.3 per cent compared with April to HK$23.6 billion.
The ratio of new mortgage loans priced with reference to HIBOR decreased from 77.8 per cent in April to 73.8 per cent in May. The ratio of new mortgage loans priced with reference to best lending rates decreased from 1.3 per cent in April to 1.2 per cent in May.
The outstanding value of mortgage loans increased month-on-month by 0.4 per cent to HK$1,946.9 billion at end-May.
The mortgage delinquency ratio stood at a low level of 0.11 per cent and the rescheduled loan ratio was unchanged at nearly 0 per cent.
Ends/Tuesday, June 30, 2026
Issued at HKT 16:30
Issued at HKT 16:30
NNNN