Hong Kong Residential Outstanding Mortgage Hits HKD 1.137 Trillion
Hong Kong | 28th April 2017
Mortgage loans approved in March increased by 33.9% compared with February to HK$27 billion. Among these, mortgage loans financing primary market transactions increased by 9% to HK$7.5 billion and those financing secondary market transactions increased by 46.5% to HK$19 billion.
Outstanding Mortgage Hits HKD 1.137 Trillion
Mortgage loans for refinancing increased by 35% to HK$10.4 billion. The outstanding value of mortgage loans increased month-on-month by 0.6% to HK$1,137.1 billion at end-March.
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