Average Value of New Mortgage Loans: Canada, Provinces and CMAs

Excel - Report

Get a snapshot of Canadian mortgage loan activity. This housing data will give you the average value of new mortgage loans in Canada, the provinces and selected large cities.

Note: Canadian mortgage statistics are quarterly data and range from 2012 Q3 to 2025.

Source: Equifax Canada

Author:: CMHC
Document Type:: Excel
Date Published:: July 9, 2025

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Note: In January 2023, we saw an unusual increase in the total outstanding mortgage balances for the third quarter of 2022 compared to previous quarters. We removed the Mortgage and Debt Data tables in question from our website in the same month to investigate.

We discovered differences in the way financial institutions are reporting their mortgage data to Equifax. This impacts the figures related to outstanding mortgages like the number of trades, number of consumers, HELOCs and installment loans.

Data tables from 2019 to 2022 have been revised. Data prior to Q1 2019 have not been revised.