Residential Mortgage Survey Results for November 2025

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

The number of mortgage applications in November decreased month-on-month by 2.9% to 8,019.  

Mortgage loans approved in November decreased by 7% compared with October to HK$29.1 billion.  Among these, mortgage loans financing primary market transactions decreased by 12.6% to HK$10.8 billion and those financing secondary market transactions decreased by 2.3% to HK$15.6 billion.  Mortgage loans for refinancing decreased by 9.6% to HK$2.7 billion. 

Mortgage loans drawn down during November decreased by 2.3% compared with October to HK$19.7 billion. 

The ratio of new mortgage loans priced with reference to HIBOR decreased from 91.9% in October to 90.7% in November.  The ratio of new mortgage loans priced with reference to best lending rates decreased from 1.3% in October to 1.1% in November.

The outstanding value of mortgage loans increased month-on-month by 0.3% to HK$1,913.5 billion at end-November. 

The mortgage delinquency ratio stood at a low level of 0.14% and the rescheduled loan ratio was unchanged at nearly 0%.

Annex

Hong Kong Monetary Authority
31 December 2025