Mortgage loans as a share of GDP reached 68.8 % in 2018 in Canada, according to the National Central Bank. This is 2.76 % less than in the previous year.
Historically, mortgage loans as a share of GDP in Canada reached an all time high of 70.8 % in 2017 and an all time low of 25.7 % in 1986.
Canada has been ranked 2nd within the group of 20 countries we follow in terms of mortgage loans as a share of GDP, 10 places above the position seen 10 years ago.
A mortgage loan is a loan secured by real property through the use of a mortgage note.