Toronto, Vancouver, and Montreal are Canada's largest mortgage markets. With nearly 419 billion Canadian dollars in mortgages outstanding, Toronto accounted for close to 23 percent of the country's 1.8 trillion Canadian dollar mortgage market. Toronto was also the metropolitan area with the second-highest average loan size for new mortgages.
Total value of mortgages outstanding in Canada in 3rd quarter 2023, by metropolitan area
(in billion Canadian dollars)
Characteristic
Value of mortgages outstanding in Canadian dollars
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Canada Mortgage and Housing Corporation. (December 18, 2023). Total value of mortgages outstanding in Canada in 3rd quarter 2023, by metropolitan area (in billion Canadian dollars) [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1202920/value-of-mortgage-debt-outstanding-canada-by-metropolitan-area/
Canada Mortgage and Housing Corporation. "Total value of mortgages outstanding in Canada in 3rd quarter 2023, by metropolitan area (in billion Canadian dollars)." Chart. December 18, 2023. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1202920/value-of-mortgage-debt-outstanding-canada-by-metropolitan-area/
Canada Mortgage and Housing Corporation. (2023). Total value of mortgages outstanding in Canada in 3rd quarter 2023, by metropolitan area (in billion Canadian dollars). Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1202920/value-of-mortgage-debt-outstanding-canada-by-metropolitan-area/
Canada Mortgage and Housing Corporation. "Total Value of Mortgages Outstanding in Canada in 3rd Quarter 2023, by Metropolitan Area (in Billion Canadian Dollars)." Statista, Statista Inc., 18 Dec 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1202920/value-of-mortgage-debt-outstanding-canada-by-metropolitan-area/
Canada Mortgage and Housing Corporation, Total value of mortgages outstanding in Canada in 3rd quarter 2023, by metropolitan area (in billion Canadian dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1202920/value-of-mortgage-debt-outstanding-canada-by-metropolitan-area/ (last visited September 20, 2024)
Total value of mortgages outstanding in Canada in 3rd quarter 2023, by metropolitan area (in billion Canadian dollars) [Graph], Canada Mortgage and Housing Corporation, December 18, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1202920/value-of-mortgage-debt-outstanding-canada-by-metropolitan-area/