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New loans approved down 12.8% Source: news.gov.hk Friday 27th January, 2012
New mortgage loans drawn down in December fell 15.8% to $8.9 billion, compared with November.The Monetary Authority's residential mortgage survey for December found new loans approved during the month dropped 12.8% to $10.4 billion.Approvals for primary market transactions grew 25.7% to $2.8 billion, while approvals for secondary market transaction... ...
