credit and debt
CANADIAN MORTGAGE DEBT IS GROWING AT A RATE THAT IS SLOWING ›
AVERAGE OUTSTANDING BALANCE PER MORTGAGE
OUTSTANDING MORTGAGE DEBT MILLIONS
NUMBER OF ACTIVE MORTGAGES S
AVERAGE SCHEDULED PAYMENTCONSUMER
5,215
2014
Q2
$1,228,014
$173,900
$1,132
$1,295,524
5,542
$182,300
$1,156
2015
Q2
5,734
$190,700
$1,377,486
$1,181
2016
Q2
5,901
$1,472,231
$198,690
$1,210
Q2
2017
5,980
$205,980
$1,260
2018
Q2
$1,510,376
5.5%
6.3%
4.8%
2.1%
2014-15 Q2
6.3%
4.6%
2015-16 Q2
3.5%
2.2%
6.9%
2016-17 Q2
2.9%
4.2%
2.4%
2.6%
1.3%
3.7%
2017-18 Q2
4.1%
SOURCE: MORTGAGE & CONSUMER CREDIT TRENDS, CANADA MORTGAGE & HOUSING CORPORATION
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