(%)
Billion
RESIDENTIAL MORTGAGE LOANS IN HONG KONG (33 institutions)
Outstanding balance at end of month
240
230
220
210
200
190
0800
180
Dec 92
I
A1
T
Jun
Dec
Jun
1
Dec
Mar 93 Sep Mar 94 Sep Feb 95
Remarks: The significant fall of outstanding balance in December 1994 was due to the
effect of reclassification, securitization and sale of loans by some institutions.
Monthly growth rate
2.8
2.6
2.4
2.2
2
1.8
1.6
1.4
1.2
1
0.8
0.6
0.4
0.2
-0.2
T
1
Jan 93
Jun
། Dec 1 Jun
I
Dec
Mar 93
Sep
Mar 94
Sep
Feb 95
A2
3-month and 12-month moving average growth rate on annualised basis
(%)
35
30
M
20
15
10
TFeb 95
0
Mar 93
Sep
Mar 94
Sep
Jun
Dec
Jun
Dec
A3
D 3-month + 12-month
Chart A