Billion

(%)

12

RESIDENTIAL MORTGAGE LOANS IN HONG KONG (33 Institutions)

Outstanding balance at end of month

310

300

290

280

270-

260F

250

240

230

220

210

200

190

1801

12/92 6 12 6

12

3793 9 3/94

3/95

6 12

9

3/96

Chart A

A1

1

Remarks: The significant fall of outstanding balança 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

0.8

0.6

0.4

0.2

-0.2

-0.4

3/93

93/94 913/9519 13795 9

6 12 6

13/967 12 6

:

A2

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

35

(%)

30

25

20

15

10

3/93

9 13/94 §

12

3/95 • 12

☐ 3-month + 12-month

123/96/7

A3

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