Residential Mortgage Survey Results for April 2025

The Hong Kong Monetary Authority announced the results of the residential mortgage survey for April 2025.

The number of mortgage applications in April decreased month-on-month by 7.8% to 7,795.  

Mortgage loans approved in April increased by 2.4% compared with March to HK$25.3 billion.  Among these, mortgage loans financing primary market transactions decreased by 7.5% to HK$9.3 billion and those financing secondary market transactions increased by 17.6% to HK$13.7 billion.  Mortgage loans for refinancing decreased by 23.5% to HK$2.3 billion. 

Mortgage loans drawn down during April increased by 7.7% compared with March to HK$17.1 billion. 

The ratio of new mortgage loans priced with reference to HIBOR increased from 90.4% in March to 91.8% in April.  The ratio of new mortgage loans priced with reference to best lending rates decreased from 3.2% in March to 2.3% in April.

The outstanding value of mortgage loans increased month-on-month by 0.2% to HK$1,881.9 billion at end-April. 

The mortgage delinquency ratio stood at a low level of 0.13% and the rescheduled loan ratio was unchanged at nearly 0%.

Annex

Hong Kong Monetary Authority
30 May 2025