Residential Mortgage Survey Results for March 2026

The Hong Kong Monetary Authority announced the results of the residential mortgage survey for March 2026.

The number of mortgage applications in March increased month-on-month by 26.9% to 10,311.

Mortgage loans approved in March increased by 38.6% compared with February to HK$40.1 billion.  Among these, mortgage loans financing primary market transactions increased by 55.9% to HK$13.4 billion and those financing secondary market transactions increased by 36.1% to HK$23.4 billion.  Mortgage loans for refinancing increased by 5% to HK$3.3 billion.

Mortgage loans drawn down during March increased by 63.9% compared with February to HK$26.9 billion.

The ratio of new mortgage loans priced with reference to HIBOR decreased from 87.5% in February to 83.7% in March.  The ratio of new mortgage loans priced with reference to best lending rates decreased from 1.9% in February to 1.5% in March.

The outstanding value of mortgage loans increased month-on-month by 0.4% to HK$1,934.9 billion at end-March.

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 April 2026