Mortgage loans reached 1,540 CAD bil in 2018 in Canada, according to the National Central Bank. This is 1.44 % more than in the previous year.
Historically, mortgage loans in Canada reached an all time high of 1,540 CAD bil in 2018 and an all time low of 134 CAD bil in 1986.
Canada has been ranked 4th within the group of 20 countries we follow in terms of mortgage loans, 13 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.