According to the latest data from a mortgage brokerage research department and the Land Registry, Hong Kong recorded 5,702 existing property mortgage cases in July 2025, down 1,070 cases (15.8%) from June's 6,772 cases, marking a decline after two consecutive months of growth. Meanwhile, presale mortgage cases reached 804 in July, surging 240 cases (42.6%) from June's 564 cases, representing the second consecutive month of increase and hitting a 13-month high.

Compared to the same period last year, July 2025 existing property mortgage cases decreased by 239 cases (4%) from 5,941 cases in July 2024, while presale mortgage cases increased by 246 cases (44.1%) from 558 cases in the same period last year.

For the first seven months comparison, existing property mortgage cases totaled 34,587 in the first seven months of 2025, up 4,116 cases or 13.5% from 30,471 cases in the same period last year. Presale mortgage cases reached 3,993 in the first seven months of this year, surging 1,782 cases or 80.6% from 2,211 cases in the corresponding period last year, marking a five-year high for the first seven months.

A senior executive from the mortgage brokerage firm noted that the over 40% surge in presale mortgages in July was mainly driven by immediate payment buyers from new developments including Long Tin Peak, Nam Cheong, and Sheung Yin. With interest rates remaining at low levels and property prices showing signs of recovery, overall market sentiment has improved. It is expected that property market transactions will continue to stabilize in the second half of the year, with both existing and presale mortgage figures maintaining positive growth.

Regarding existing property mortgage market share, BOC HONG KONG (02388) maintained its leadership for the tenth consecutive month, topping the rankings with a 29.1% market share. HSBC ranked second with 21.3%, HANG SENG BANK (00011) held third place with 12.6%, Standard Chartered Bank ranked fourth with 6%, and BANK OF E ASIA (00023) secured fifth position with 4.9%.

In the presale mortgage market share, HSBC reclaimed the top position with 27% market share, while BOC HONG KONG dropped one place to second with 26.4%. HANG SENG BANK ranked third with 16.5%, Standard Chartered Bank fourth with 6.3%, and BANK OF E ASIA moved up one position to fifth with 5.7%.

The four major banks' combined market share in existing properties declined by 5.9 percentage points from 74.9% last month to 69% in July 2025.

The industry executive commented that as property market prices and volumes stabilize and interest rates decline, banks are becoming more positive towards mortgage business and are beginning to compete for second-half mortgage opportunities. This suggests that gaps in bank market shares may be subject to readjustment.