Meridians: In the second quarter, the overall Hong Kong property market maintained a pattern of "rising prices and transaction volume together". It is expected that the mortgage figures in the property market will remain stable.
According to the Zhitong Finance APP, Cao Deming, Executive Vice President of Mortgage Intermediary, stated that in the second quarter, the overall Hong Kong property market maintained a "rise in both price and volume" trend. In addition, banks are showing increasingly positive attitudes towards residential mortgages, continually introducing different types of mortgage plans and offering additional incentives to attract high-quality customers. As a result, the overall mortgage numbers in May have all increased and it is expected that these figures will remain stable.
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