Hong Kong’s December mortgages shrink 21.1% as high rates drive homebuyers to sidelines

Hong Kong’s December mortgages shrink 21.1% as high rates drive homebuyers to sidelines

[South China Morning Post] - 01/28/2025

Mortgage applications fell to 6,306 last month, the first decline since September, according to a statement by the Hong Kong Monetary Authority.



        e-mail

In Hong Kong newspapers

Worshippers flock to Che Kung Temple for good fortune
Worshippers on Friday flocked to Che Kung Temple in Sha Tin to pray for good fortune and prosperity in the Year of (…)
[RTHK] - 31/01/2025
Hong Kong police probe suspected theft of 2 speedboats worth HK$800,000
Speedboats went missing from typhoon shelter near Kwai Chung, police say.
[South China Morning Post] - 31/01/2025
Man dies after falling into sea near Lamma Island
Police on Friday said a man has died after falling into the sea near Lamma Island. Officers received a report at (…)
[RTHK] - 31/01/2025
Thousands of Hongkongers pray for better jobs, good flats at Che Kung Temple
‘I hope to buy a flat, I hope Che Kung will be able to help me find a good flat,’ a worshipper says.
[South China Morning Post] - 31/01/2025
'More non-local race broadcasts to boost economy'
A lawmaker on Friday said the Jockey Club's plan to broadcast more non-local horse racing events will boost Hong (…)
[RTHK] - 31/01/2025
In Pictures: Hong Kong’s ‘panda economy’ at work as authorities hope bears can boost spending
Hong Kong’s giant panda population grew by 200 per cent last year, and authorities hope that the bears’ presence can (…)
[HKFP] - 31/01/2025
Hong Kong welcomes 461,752 Lunar New Year visitors over 3 days
Number arriving between Tuesday and Thursday represents 7.3 per cent increase over figure for comparable period last (…)
[South China Morning Post] - 31/01/2025
Hong Kong records 88 flu deaths in first weeks of winter influenza season
Figure represents nearly 30 per cent increase over number of fatalities recorded during same period last winter.
[South China Morning Post] - 31/01/2025
Hong Kong tour guide dies after being thrown from coach in Shanghai crash
Bus crashed on highway to airport, throwing guide from vehicle, but the 16 members of tour organised by Miramar (…)
[South China Morning Post] - 31/01/2025
HK sees a smaller rise in outbound tours over LNY
The Hong Kong Tourism Association said on Friday that even though the city saw a rise in outbound tour groups over (…)
[RTHK] - 31/01/2025
'Rise in investment scams, impersonation of officials'
The police commissioner on Friday warned the public to be on guard, amid a rise in investment scams in recent (…)
[RTHK] - 31/01/2025