The following is issued on behalf of the Hong Kong Monetary Authority:

     The Hong Kong Monetary Authority announced the results of the residential mortgage survey for November 2025.
      
     The number of mortgage applications in November decreased month-on-month by 2.9 per cent to 8 019.
      
     Mortgage loans approved in November decreased by 7 per cent compared with October to HK$29.1 billion. Among these, mortgage loans financing primary market transactions decreased by 12.6 per cent to HK$10.8 billion and those financing secondary market transactions decreased by 2.3 per cent to HK$15.6 billion. Mortgage loans for refinancing decreased by 9.6 per cent to HK$2.7 billion. 
      
     Mortgage loans drawn down during November decreased by 2.3 per cent compared with October to HK$19.7 billion. 
      
     The ratio of new mortgage loans priced with reference to HIBOR decreased from 91.9 per cent in October to 90.7 per cent in November. The ratio of new mortgage loans priced with reference to best lending rates decreased from 1.3 per cent in October to 1.1 per cent in November.
      
     The outstanding value of mortgage loans increased month-on-month by 0.3 per cent to HK$1,913.5 billion at end-November. 
      
     The mortgage delinquency ratio stood at a low level of 0.14 per cent and the rescheduled loan ratio was unchanged at nearly 0 per cent.

Ends/Wednesday, December 31, 2025
Issued at HKT 16:00

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