THE amount of money advanced to home-buyers jumped sharply in April, and reached the highest level since August 1993. As the residential market showed some signs of flickering into life, total outstanding loans rose 2.4 per cent from March's figure, and totalled $245.3 billion. New loans made by the territory's 33 largest lenders more than doubled from $5.17 billion in March to $10.57 billion in April, which compared with the $9.3 billion advanced in the same month last year. But there are doubts that this represents the long-awaited long-term revival in the market. Despite the apparent surge, analysts yesterday said they were expecting the figures to shrink this month, as the number of new loans approved, but not drawn, had already fallen compared to those seen in March. The upward trend in April's figures reflected particular interest in a number of new residential developments which came on the market. Sun Hung Kai Properties sold more than 1,000 flats in Sha Tin while Hutchison Whampoa sold more than 1,000 apartments in Ap Lei Chau. However, underlying interest in existing properties was still seen as virtually dormant by some agents.