credit and debt
CANADA’S MORTGAGE DEBT STABILIZING ›
AVERAGE OUTSTANDING BALANCE PER MORTGAGE
OUTSTANDING MORTGAGE DEBT MILLIONS
NUMBER OF ACTIVE MORTGAGES S
AVERAGE SCHEDULED PAYMENTCONSUMER
$1,269,152
5,474
$180,100
$1,149
2014 Q4
$1,347,343
5,690
$187,500
$1,168
2015 Q4
$1,428,454
5,850
$195,800
$1,196
2016 Q4
$1,518,597
5,941
$203,350
$1,235
2017 Q4
$1,540,424
6,053
$209,570
$1,289
2018 Q4
6.2%
3.9%
4.1%
1.7%
2014-15 Q4
6.0%
2.8%
4.4%
2.4%
2015-16 Q4
6.3%
1.6%
3.9%
3.2%
2016-17 Q4
1.4%
1.9%
3.1%
4.4%
2017-18 Q4
SOURCE: MORTGAGE & CONSUMER CREDIT TRENDS, CANADA MORTGAGE & HOUSING CORPORATION
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