In 2023, mortgage lending in Canada amounted to roughly 407 billion Canadian dollars. The purchase of property and same lender renewals comprised the highest share of lending, amounting to 153 billion Canadian dollars. Uninsured lending was more popular than insured lending.
Value of new mortgage loans in Canada in 2023, by type of loan
(in billion Canadian dollars)
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Canada Mortgage and Housing Corporation. (May 29, 2024). Value of new mortgage loans in Canada in 2023, by type of loan (in billion Canadian dollars) [Graph]. In Statista. Retrieved December 12, 2024, from https://www.statista.com/statistics/1203169/value-of-mortgage-loans-canada-by-type-of-loan/
Canada Mortgage and Housing Corporation. "Value of new mortgage loans in Canada in 2023, by type of loan (in billion Canadian dollars)." Chart. May 29, 2024. Statista. Accessed December 12, 2024. https://www.statista.com/statistics/1203169/value-of-mortgage-loans-canada-by-type-of-loan/
Canada Mortgage and Housing Corporation. (2024). Value of new mortgage loans in Canada in 2023, by type of loan (in billion Canadian dollars). Statista. Statista Inc.. Accessed: December 12, 2024. https://www.statista.com/statistics/1203169/value-of-mortgage-loans-canada-by-type-of-loan/
Canada Mortgage and Housing Corporation. "Value of New Mortgage Loans in Canada in 2023, by Type of Loan (in Billion Canadian Dollars)." Statista, Statista Inc., 29 May 2024, https://www.statista.com/statistics/1203169/value-of-mortgage-loans-canada-by-type-of-loan/
Canada Mortgage and Housing Corporation, Value of new mortgage loans in Canada in 2023, by type of loan (in billion Canadian dollars) Statista, https://www.statista.com/statistics/1203169/value-of-mortgage-loans-canada-by-type-of-loan/ (last visited December 12, 2024)
Value of new mortgage loans in Canada in 2023, by type of loan (in billion Canadian dollars) [Graph], Canada Mortgage and Housing Corporation, May 29, 2024. [Online]. Available: https://www.statista.com/statistics/1203169/value-of-mortgage-loans-canada-by-type-of-loan/