Residential Mortgage Survey Results for December 2025

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

The number of mortgage applications in December decreased month-on-month by 5.1% to 7,612.  

Mortgage loans approved in December increased by 7.1% compared with November to HK$31.2 billion.  Among these, mortgage loans financing primary market transactions increased by 8.2% to HK$11.7 billion and those financing secondary market transactions increased by 7.6% to HK$16.8 billion.  Mortgage loans for refinancing decreased by 0.6% to HK$2.7 billion. 

Mortgage loans drawn down during December increased by 1.7% compared with November to HK$20 billion. 

The ratio of new mortgage loans priced with reference to HIBOR decreased from 90.7% in November to 89.8% in December.  The ratio of new mortgage loans priced with reference to best lending rates increased from 1.1% in November to 1.3% in December.

The outstanding value of mortgage loans increased month-on-month by 0.2% to HK$1,917.5 billion at end-December. 

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
30 January 2026