Residential Mortgage Loans in Hong Kong Results of Survey for January 1994

(Amount in HK$ mn)

33 authorised institutions

1. Outstanding lending

FRIDAY, FEBRUARY 25, 1994

January 1994

December 1993

October January

1993

1993

a. Amount

221,720

219,150

b. Monthly change

1.2%

0.7%

215,534 0.1%

190,907

0.3%

c. Twelve-month change

16.1%

15.2%

d. Average change (annualized)

Latest three months

12.0%

7.1%

14.8%

Latest twelve months

16.1%

15.3%

2. Gross loans made during month

a. Amount

6,933

5,735

4,043

3,464

b. Number

5318

4291

3341

2889

3. New loans approved during month

drawn and undrawn

a. Amount

10,278

6.292

4,469

3,814

b. Number

7032

4550

3552

3124

4. New loans approved during month

but not yet drawn

a. Amount

b. Number

6,494

3,806

3,011

2,083

4543

2787

2417

1854

* Survey by the sample of 33 Als commenced since December 1992

/Chart A

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