The value of mortgages approved fell for a fourth consecutive month in October, according to the latest data from the Hong Kong Monetary Authority. Photo: Sun Yeung
Hong Kong home mortgages expected to drop to four-year low in 2020
- Home loans are expected to drop to HK$290 billion - HK$296 billion from HK$341 billion last year, according to estimates
- Investment appetite has been sapped by an uncertain market outlook, mortgage referral firm Starpro Agency’s Raymond Chong says
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The value of mortgages approved fell for a fourth consecutive month in October, according to the latest data from the Hong Kong Monetary Authority. Photo: Sun Yeung
