Rising Mortgage Insurance and Transaction Surge Signal Rebound in Hong Kong Property Market

Thursday, 9 May 2024, 09:38

The value of mortgage insurance in Hong Kong climbed to HK$13.71 billion in April, reaching the highest level seen since June last year. This increase, as reported by mortgage broker mReferral, coincides with a notable uptick in property transactions following the removal of certain curbs. The surge in both mortgage insurance and transactions points towards a positive momentum in the Hong Kong property market.
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Rising Mortgage Insurance and Transaction Surge Signal Rebound in Hong Kong Property Market

Hong Kong Property Market Update

The value of mortgage insurance surged to HK$13.71 billion in April, representing the most significant amount since HK$16.07 billion recorded in June the previous year.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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