The mortgage arrears rate in Saskatchewan has risen from 0.30 percent in 2012 to a height of 0.88 percent in 2019. As of December 2022, 0.63 percent of mortgages were in arrears. This was higher than the national average.
Rate of arrears to total number of mortgages in Saskatchewan from 2009 to 2022
Mortgage arrears is three or more months.
Figures from BMO, CIBC, HSBC Bank Canada, National Bank of Canada, RBC Royal Bank, Scotiabank, and TD Canada Trust.
Canadian Western Bank, Manulife Bank (as of April 2004) and Laurentian Bank (as of October 2010).
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Canadian Bankers Association. (July 17, 2023). Rate of arrears to total number of mortgages in Saskatchewan from 2009 to 2022 [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/591135/rate-of-arrears-to-total-number-of-mortgages-saskatchewan/
Canadian Bankers Association. "Rate of arrears to total number of mortgages in Saskatchewan from 2009 to 2022." Chart. July 17, 2023. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/591135/rate-of-arrears-to-total-number-of-mortgages-saskatchewan/
Canadian Bankers Association. (2023). Rate of arrears to total number of mortgages in Saskatchewan from 2009 to 2022. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/591135/rate-of-arrears-to-total-number-of-mortgages-saskatchewan/
Canadian Bankers Association. "Rate of Arrears to Total Number of Mortgages in Saskatchewan from 2009 to 2022." Statista, Statista Inc., 17 Jul 2023, https://www.statista.com/statistics/591135/rate-of-arrears-to-total-number-of-mortgages-saskatchewan/
Canadian Bankers Association, Rate of arrears to total number of mortgages in Saskatchewan from 2009 to 2022 Statista, https://www.statista.com/statistics/591135/rate-of-arrears-to-total-number-of-mortgages-saskatchewan/ (last visited December 30, 2024)
Rate of arrears to total number of mortgages in Saskatchewan from 2009 to 2022 [Graph], Canadian Bankers Association, July 17, 2023. [Online]. Available: https://www.statista.com/statistics/591135/rate-of-arrears-to-total-number-of-mortgages-saskatchewan/
