10
Residential Mortgage Loans in Hong Kong Results of Survey for January 1996
Jan
1996
33 authorised institutions
1. Outstanding lending
Dec
1995
HK$ Mn
HK$ Mn
a. Amount
275,968
272,695
b. Monthly change
1.2%
1.4% **
c. Twelve-month change
15.7%
14.9% **
d. Average change (annualized)
Latest three months
15.8%
13.5% **
Latest twelve months
15.7%
15.0% **
2. Gross loans made during month
a. Amount
9,312
9,356
b. Number
7208
6957
3. New loans approved during month
a. Amount
b. Number
4. New loans approved during month
but not yet drawn
a. Amount
b. Number
9,029
8,530
7117
6189
5,818
5,323
4462
3854
Note: ** Adjusted for the effect of sale and reclassification of residential
mortgage loans by some institutions amounting to HK$0.6 billion.