Vancouver and Toronto, two of the biggest metropolitan areas in Canada, led the ranking by average value of new mortgage loans in the country. In Vancouver, the average new mortgage loan was approximately 522,000 Canadian dollars, whereas the national average was 339,000 Canadian dollars. Vancouver and Toronto are also the country's largest mortgage markets.
Average value of new mortgage loans in Canada in 3rd quarter 2023, by metropolitan area
(in Canadian dollars)
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Canada Mortgage and Housing Corporation. (December 18, 2023). Average value of new mortgage loans in Canada in 3rd quarter 2023, by metropolitan area (in Canadian dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1202954/average-value-of-mortgage-loans-canada-by-metropolitan-area/
Canada Mortgage and Housing Corporation. "Average value of new mortgage loans in Canada in 3rd quarter 2023, by metropolitan area (in Canadian dollars)." Chart. December 18, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1202954/average-value-of-mortgage-loans-canada-by-metropolitan-area/
Canada Mortgage and Housing Corporation. (2023). Average value of new mortgage loans in Canada in 3rd quarter 2023, by metropolitan area (in Canadian dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1202954/average-value-of-mortgage-loans-canada-by-metropolitan-area/
Canada Mortgage and Housing Corporation. "Average Value of New Mortgage Loans in Canada in 3rd Quarter 2023, by Metropolitan Area (in Canadian Dollars)." Statista, Statista Inc., 18 Dec 2023, https://www.statista.com/statistics/1202954/average-value-of-mortgage-loans-canada-by-metropolitan-area/
Canada Mortgage and Housing Corporation, Average value of new mortgage loans in Canada in 3rd quarter 2023, by metropolitan area (in Canadian dollars) Statista, https://www.statista.com/statistics/1202954/average-value-of-mortgage-loans-canada-by-metropolitan-area/ (last visited December 21, 2024)
Average value of new mortgage loans in Canada in 3rd quarter 2023, by metropolitan area (in Canadian dollars) [Graph], Canada Mortgage and Housing Corporation, December 18, 2023. [Online]. Available: https://www.statista.com/statistics/1202954/average-value-of-mortgage-loans-canada-by-metropolitan-area/
