In 2023, banks held over 80 percent of the mortgages outstanding in Canada. Mortgage Investment Entities (MIEs) and private lenders only had a market share of 1.62 percent. The average mortgage rate in Canada has increased notably since 2021. This has led to the housing market slowing and the value of mortgages outstanding to plateau.
Market share of mortgage lenders based on mortgages outstanding in Canada in 2023, by lender type
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Canada Mortgage and Housing Corporation. (April 22, 2024). Market share of mortgage lenders based on mortgages outstanding in Canada in 2023, by lender type [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1085841/market-share-of-lenders-in-canada-by-lender-type/
Canada Mortgage and Housing Corporation. "Market share of mortgage lenders based on mortgages outstanding in Canada in 2023, by lender type ." Chart. April 22, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1085841/market-share-of-lenders-in-canada-by-lender-type/
Canada Mortgage and Housing Corporation. (2024). Market share of mortgage lenders based on mortgages outstanding in Canada in 2023, by lender type . Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1085841/market-share-of-lenders-in-canada-by-lender-type/
Canada Mortgage and Housing Corporation. "Market Share of Mortgage Lenders Based on Mortgages Outstanding in Canada in 2023, by Lender Type ." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/1085841/market-share-of-lenders-in-canada-by-lender-type/
Canada Mortgage and Housing Corporation, Market share of mortgage lenders based on mortgages outstanding in Canada in 2023, by lender type Statista, https://www.statista.com/statistics/1085841/market-share-of-lenders-in-canada-by-lender-type/ (last visited November 21, 2024)
Market share of mortgage lenders based on mortgages outstanding in Canada in 2023, by lender type [Graph], Canada Mortgage and Housing Corporation, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/1085841/market-share-of-lenders-in-canada-by-lender-type/
