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Residential Mortgage Loans in Hong Kong Results of Survey for May 1996

May

1996

HK$ Mn

Apr 1996 HK$ Mn

33 authorised institutions

1. Outstanding lending

a. Amount

b. Monthly change

c. Twelve-month change

293,505

289,600

1.3%

1.6%

16.3%

17.7%

d. Average change (annualized)

Latest three months

19.0%

19.8%

Latest twelve months

16.4%

17.7%

Associated with co-financing schemes

amount

7,213

6,661

- number

3952

3704

2. Gross loans made during month

a. Amount

b. Number

3. New loans approved during month

13,247 9288

11,181 7347

a. Amount

b. Number

19,930 12461

12,594

8317

By property age

Property age - 15 years or below

- amount

16,981

10,800

-number

10186

6789

Property age - above 15 years

- amount

2,949

1,794

- number

2275

1528

Associated with co-financing schemes

- amount

855

821

- number

341

339

4. New loans approved during month

but not yet drawn

a. Amount

b. Number

13,906

8352

7,816 5241

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