30.12.2009 - Hong Kong November new home loan approvals Fall 11.1pct |
From Bloomberg: New mortgage loans approved in Hong Kong dropped 11.1 percent in November, after the city’s government voiced concerns over potential asset bubbles and implemented measures to cool surging home prices. Loans fell to HK$25.8 billion ($3.3 billion) from HK$29 billion in October, declining for a fifth consecutive month, the Hong Kong Monetary Authority said in a statement today..........................................Full Article: Source |