HKMA Reports New Mortgage Loans Rose 25.8% MoM to HK$50.6 Billion in June 2026; New Loan Applications Up 12.5%
The Hong Kong Monetary Authority reported that new mortgage loan applications rose 12.5% month-on-month to 12,117 cases in June 2026. New mortgage loans approved increased 25.8% to HK$50.6 billion, driven by gains across primary, secondary, and refinancing markets. New drawdowns rose 17.6% to HK$27.7 billion. The delinquency ratio remained low at 0.11%.
The Hong Kong Monetary Authority (HKMA) reported that new mortgage loan applications rose 12.5% month-on-month to 12,117 cases in June. New mortgage loans approved increased 25.8% month-on-month to HK$50.6 billion. Among these, loans for primary market transactions rose 32.3% to HK$15.5 billion, loans for secondary market transactions increased 21.6% to HK$28.9 billion, and loans for refinancing transactions rose 30.6% to HK$6.2 billion.
New mortgage loan drawdowns increased 17.6% month-on-month to HK$27.7 billion. The proportion of new mortgage loans priced with reference to the Hong Kong Interbank Offered Rate (HIBOR) fell to 70% in June from 73.8% in May. The proportion priced with reference to the best lending rate rose to 1.3% in June from 1.2% in May.
The total outstanding mortgage loans increased 0.4% month-on-month to HK$1.955 trillion in June. The mortgage loan delinquency ratio remained low at 0.11%, and the ratio of restructured loans remained near 0%.
Why this event matters
The event has a measured impact on 1 industry. The strongest current signal is mixed for Residential Development, with intensity 50/100 and 85% confidence over a medium term horizon.
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.