MORTGAGE LOANS UP 27.7%
31-12-2024
Alphabetical Index
依字母搜索
The value of residential mortgage loans approved in November was $24.2 billion, a 27.7% increase compared with October, the Monetary Authority announced today.
Mortgage loans financing primary market transactions increased 46.2% to $7.9 billion, while those financing secondary market transactions rose 20.3% to $13.7 billion.
Loans for refinancing increased 20.1% to $2.6 billion.
Mortgage loans drawn down during November amounted to $10.6 billion, a 5.2% reduction from October.
The number of mortgage applications in November increased 9.7% month-on-month to 7,995.
The outstanding value of mortgage loans dropped 0.1% to $1.871 trillion at end-November.
PREVIOUSNEXT
Latest Business News
最新商業資訊
Nov retail sales down 7.3% 2-1-2025
The value of total retail sales in November, provisionally estimated at $31.7 billion, decreased 7.3% compared with the s...
Mortgage loans up 27.7% 31-12-2024
The value of residential mortgage loans approved in November was $24.2 billion, a 27.7% increase compared with October, t...
Alerts to help with suspicious calls 30-12-2024
The Office of the Communications Authority (OFCA) today announced that, starting from tomorrow, local mobile service prov...
Startup ecosystem hits new heights 27-12-2024
Hong Kong's startup ecosystem has been steadily maturing in recent years, leading to a surge in early-stage firms with s...