The outstanding value of home mortgage loans amounted to 215.7 billion patacas at the end of last year, a year-on-year growth of 13.9 percent, the Macau Monetary Authority (AMCM) said in a statement Tuesday.
Month-on-month, the value at the end of December was up by 1.1 percent .
According to the city’s quasi-central bank, residents accounted for 92.7 percent of the loans.
Month-on-month, outstanding home mortgage loans to residents and non-residents at the end of December rose by 1.2 percent and 0.1 percent respectively.
The outstanding value of commercial real-estate loans amounted to 198.3 billion patacas at the end of December, up by 2.2 percent month-on-month and 11 percent year-on-year. Residents accounted for 93.4 percent of the loans.
Month-on-month, outstanding commercial real-estate loans to residents increased by 2.4 percent, while those to non-residents fell by 0.5 percent.
As of the end of last year, the delinquency ratio for home mortgage loans was 0.16 percent, down by 0.02 percentage point year-on-year. The delinquency ratio for commercial real-estate loans was up by 0.01 percentage point year-on-year.
In December, new home mortgage loans approved by Macau-based banks increased by 2.2 percent month-on-month to 3.7 million patacas.
New home mortgage loans collateralised by uncompleted units at the end of December rose by 147.2 percent month-on-month to 1.2 billion patacas, of which equitable mortgages extended to residents accounted for 92.5 percent of the total.