Hong Kong Monetary Authority: The amount of new mortgage loans approved in March decreased by 5.3% month-on-month to HK$24.7 billion.

According to the Wisdom Financial APP, on April 30th, the Hong Kong Monetary Authority released the residential mortgage survey results for March 2025. The number of new loan applications in March increased by 29.3% compared to February, reaching 8,456 cases. The amount of new mortgage loans approved in March decreased by 5.3% compared to February, to 24.7 billion Hong Kong dollars. Among these, loans for first-hand market transactions decreased by 16.8% to 10.1 billion Hong Kong dollars, loans for second-hand market transactions increased by 6.2% to 11.6 billion Hong Kong dollars. As for loans for refinancing transactions, they decreased by 0.9% to 3 billion Hong Kong dollars.