The Hong Kong Monetary Authority announced the results of the residential mortgage survey for May 2026.
The number of mortgage applications in May increased month-on-month by 12.8% to 10,767.
Mortgage loans approved in May increased by 10.1% compared with April to HK$40.2 billion. Among these, mortgage loans financing primary market transactions increased by 9.4% to HK$11.7 billion and those financing secondary market transactions increased by 9.1% to HK$23.8 billion. Mortgage loans for refinancing increased by 17.7% to HK$4.7 billion.
Mortgage loans drawn down during May increased by 4.3% compared with April to HK$23.6 billion.
The ratio of new mortgage loans priced with reference to HIBOR decreased from 77.8% in April to 73.8% in May. The ratio of new mortgage loans priced with reference to best lending rates decreased from 1.3% in April to 1.2% in May.
The outstanding value of mortgage loans increased month-on-month by 0.4% to HK$1,946.9 billion at end-May.
The mortgage delinquency ratio stood at a low level of 0.11% and the rescheduled loan ratio was unchanged at nearly 0%.
Source：Hong Kong Monetary Authority (2026.6.30)
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