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Average value of new mortgage loans Canada Q3 2012-Q3 2022

Published by Statista Research Department, Jan 11, 2023
In recent years, the average loan size of new mortgages in Canada has been growing. From roughly 223,000 Canadian dollars in the third quarter of 2012, the average value of new mortgages increased to approximately 364,000 Canadian dollars by the third quarter of 2022. Mortgages varied in size in different metropolitan areas with Toronto and Vancouver seeing the highest value of new mortgages.

Average value of new mortgage loans in Canada from 3rd quarter 2012 to 3rd quarter 2022 (in Canadian dollars)

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Release date

December 2022

Region

Canada

Survey time period

Q3 2012 to Q3 2022

Special properties

Census metropolitan areas and agglomerations (CMAs)

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