Staff Reporter
,
Hong Kong
Photo by Tierra Mallorca from Unsplash
The number of mortgage applications in January reached 6,523.
Hong Kong reported a 15.1% MoM rise in the value of residential mortgage loans in January, reaching $21.1b.
Mortgage loans financing primary market transactions grew 20.9% to $6.3b, whilst those financing secondary market transactions rose 26.6% to $11.3b.
Meanwhile, refinancing loans dropped 15.9% to $3.6b. Mortgage loans issued in January increased 29.8% to $16.1b.
The number of mortgage applications in January increased 36.8% MoM to 6,523.
The outstanding value of mortgage loans remained unchanged at $1.8542t by the end of January.
Join
Hong Kong Business
community
Since you're here...
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!