CRIC: It is expected that the number of second-hand residential mortgages for existing buildings in Hong Kong in the second quarter will be about 4,100, a decrease of 15% compared to the previous quarter.

According to the Wisdom Financial APP, Yang Mingyi, Senior Joint Director of the Research Department of Zhongyuan Real Estate, pointed out that in May 2025, there were 1356 registered second-hand private residential mortgages for existing buildings, with a slight monthly increase of 61 or 4.7%. After the new year, buyers resumed their intention to enter the market, second-hand transactions increased, and mortgage demand began to gradually increase. It is expected that the number will rise to about 1500 in June, with around 4100 in the second quarter, and is expected to fall by 15% per quarter. At the end of February, the financial case relaxed stamp duty measures, Hong Kong stocks rebounded and rose above 24000 points, interest rates significantly decreased, but trade policies remain uncertain. The second-hand property market continues to fluctuate, and demand for mortgages will be reflected in the third quarter figures.