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HK Mortgage Loans Approved/ Mortgage Loans Drawn Down in Jun Leap 3.3%/ 8.9% MoM
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The Hong Kong Monetary Authority announced that the number of mortgage applications in June increased MoM by 4.8% to 8,581.

Mortgage loans approved in June increased by 3.3% compared with May to HKD27.5 billion. Among these, mortgage loans financing primary market transactions increased by 4.2% to HKD9.3 billion and those financing secondary market transactions increased by 2.4% to HKD15 billion. Mortgage loans for refinancing increased by 5.2% to HKD3.2 billion.

Mortgage loans drawn down during June increased by 8.9% compared with May to HKD17.7 billion.
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