(%)
Billion
RESIDENTIAL MORTGAGE LOANS IN HONG KONG (33 institutions)
Outstanding balance at end of month
Chart A
280
270
260
250+
240
230
220
210
200
190
180
Dec 92 Jun
Dec Jun Dec
■
Mar 93 Sep
I
A1
Jun
T
Mar 94 Sep Mar 95
Nov Sep
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
1.81
1.6
1.4
1.2
-
0.0
0.6
0.4
0.2
0
-0.2 -0.4
Jan 93 Jun Mar 93
Dec
Jun Mar 94 Sep
Sep
Dec .Jun Mar 95
Nov
Sep
A2
3-month and 12-month moving average growth rate on annualised basis
35
(%)
30
25
20
15
10
5
0
Mar 93
Sep
Jun
Mar 94
Jun Dec
Mar 95 Sep
Jun Dec
Sep.
Nov
O 3-month + 12-month
A3