Hong Kong Monetary Authority: New mortgage loans in November decreased by 2.3% month-on-month to HK$19.7 billion.

On December 31, the Hong Kong Monetary Authority released the results of the residential mortgage survey for November 2025. The number of new mortgage applications in November decreased by 2.9% compared to October, to 8,019 cases. The amount of new mortgage loans taken out in November decreased by 2.3% compared to October, to HK$19.7 billion. The amount of new mortgage loans approved in November decreased by 7% compared to October, to HK$29.1 billion. Among these, loans approved for primary market transactions decreased by 12.6% to HK$10.8 billion, while loans approved for secondary market transactions decreased by 2.3% to HK$15.6 billion. Loans approved for refinancing transactions decreased by 9.6% to HK$2.7 billion. The proportion of new mortgage loans priced with reference to the Hong Kong Interbank Offered Rate decreased from 91.9% in October to 90.7% in November. The proportion of new mortgage loans priced at the best loan rates decreased from 1.3% in October to 1.1% in November. The total outstanding mortgage loans in November increased by 0.3% month-on-month to HK$1,913.5 billion. The delinquency rate for mortgage loans remained at 0.14%, remaining at a low level, and the restructuring loan rate remained near 0%.