Billion

(%)

RESIDENTIAL MORTGAGE LOANS IN HONG KONG (33 institutions)

Outstanding balance at end of month

250

240

230

220

210-

200

190

180

Dec 92

Chart A

A1

Dec

Jun

Daç

Jun Mar 93 Sep Mar 94 Sep Mar 95

Jun

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

مة

0.8

0.6

0.4

0.2

-0.2

Jan 93

Jun

Mar 93 Sep

Dec Jun

Mar 94 Sep Mar 95

Dec

Jun

A2

3-month and 12-month moving average growth rate on annualised basis

(%)

30

X

20

15t

10

Mar 93

Sep

Jun

Mar 94 Dec

Sep

Jun

Mar 95 Dec

Jun

D 3-month + 12-month

A3

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