Mortgage Market Growing Slowly, Showing Good Performance

Your winter 2020 quarterly update on the residential mortgage industry in Canada is now available.

Get details on several key updates:

• New mortgages (insured/uninsured) showing a slow yearly growth but performing well
• The average portfolio size of Mortgage Investment Corporations increasing year over year
• Mortgage Finance Corporations and Credit Unions have the second largest market share of extended mortgages in the insured business and uninsured business respectively

The Residential Mortgage Industry Quarterly Dashboard helps fill housing market data gaps by providing the latest trends and data in the mortgage industry.

Sources: Canadian Bankers Association, CMHC Residential Mortgage data reporting of NHA MBS issuers, Statistics Canada 10-10-0006-01 Funds advanced, outstanding balances, and interest rates for new and existing lending, Bank of Canada, Fundamentals Research and CMHC calculations based on the Survey of Non-Bank Mortgage Lenders.

* Average mortgages outstanding