60 datasets found
  1. Average mortgage interest rate in Canada 2019-2023, by type of mortgage

    • statista.com
    • ai-chatbox.pro
    Updated Sep 9, 2024
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    Statista (2024). Average mortgage interest rate in Canada 2019-2023, by type of mortgage [Dataset]. https://www.statista.com/statistics/1203196/average-mortgage-interest-rate-canada-by-type/
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    Dataset updated
    Sep 9, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Canada
    Description

    In 2023, mortgage interest rates in Canada increased for all types of mortgages. The interest rate for fixed mortgage interest rates for five years and more doubled, from 2.38 percent to 5.52 percent between December 2021 and December 2023. The higher borrowing costs led to the housing market contracting in 2022 and corrections of the property prices across the country.

  2. Canada Mortgage and Housing Corporation, conventional mortgage lending rate,...

    • www150.statcan.gc.ca
    • thelearningbarn.org
    • +4more
    Updated Jul 17, 2025
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    Government of Canada, Statistics Canada (2025). Canada Mortgage and Housing Corporation, conventional mortgage lending rate, 5-year term [Dataset]. http://doi.org/10.25318/3410014501-eng
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    Dataset updated
    Jul 17, 2025
    Dataset provided by
    Statistics Canadahttps://statcan.gc.ca/en
    Area covered
    Canada
    Description

    This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...).

  3. The Best Current Mortgage Rates in Canada

    • rates.ca
    Updated Jul 24, 2024
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    RATESDOTCA (2024). The Best Current Mortgage Rates in Canada [Dataset]. https://rates.ca/mortgage-rates
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    Dataset updated
    Jul 24, 2024
    Dataset provided by
    RATESDOTCA Group Ltd.
    Authors
    RATESDOTCA
    Time period covered
    2023 - Present
    Area covered
    Canada
    Variables measured
    Mortgage rates
    Description

    Evaluate Canada’s best mortgage rates in one place. RATESDOTCA’s Rate Matrix lets you compare pricing for all key mortgage types and terms. Rates are based on an average mortgage of $300,000

  4. Average monthly mortgage payment in Canada 2024, by metropolitan area

    • statista.com
    Updated May 13, 2025
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    Statista (2025). Average monthly mortgage payment in Canada 2024, by metropolitan area [Dataset]. https://www.statista.com/statistics/1202932/value-of-monthly-mortgage-payment-canada-by-metropolitan-area/
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    Dataset updated
    May 13, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Canada
    Description

    The average mortgage payment in the large and mid-sized cities in Canada ranged between 1,300 Canadian dollars and 2,600 Canadian dollars. In the fourth quarter of the year, Vancouver topped the ranking, with homebuyers paying, on average, ***** Canadian dollars monthly. In Toronto, the average monthly scheduled mortgage payment was ***** Canadian dollars. Canada’s housing market House prices in Canada vary widely across the country. In 2023, the average sales price of detached single-family homes in Vancouver was nearly three times as expensive as the national average. Vancouver is undoubtedly considered the least affordable housing market: In 2023, the cost of buying a home with a **-year mortgage in Canada was approximately ** percent of the median household income, whereas in Vancouver, it was nearly *** percent. Development of house prices The development of house prices depends on multiple factors, such as availability on the market and demand. Since 2005, house prices in Canada have been continuously growing. According to the MSL composite house price index, 2021 measured the highest house price increase.

  5. Funds advanced, outstanding balances, and interest rates for new and...

    • www150.statcan.gc.ca
    • datasets.ai
    • +3more
    Updated Jul 15, 2025
    + more versions
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    Government of Canada, Statistics Canada (2025). Funds advanced, outstanding balances, and interest rates for new and existing lending, Bank of Canada [Dataset]. http://doi.org/10.25318/1010000601-eng
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    Dataset updated
    Jul 15, 2025
    Dataset provided by
    Government of Canadahttp://www.gg.ca/
    Statistics Canadahttps://statcan.gc.ca/en
    Area covered
    Canada
    Description

    This table contains 102 series, with data starting from 2013, and some select series starting from 2016. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada), Components (51 items: Total, funds advanced, residential mortgages, insured; Variable rate, insured; Fixed rate, insured, less than 1 year; Fixed rate, insured, from 1 to less than 3 years; ...), and Unit of measure (2 items: Dollars; Interest rate). For additional clarification on the component dimension, please visit the OSFI website for the Report on New and Existing Lending.

  6. Mortgage Rates By Banks in Canada

    • rates.ca
    Updated Jul 24, 2024
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    RATESDOTCA (2024). Mortgage Rates By Banks in Canada [Dataset]. https://rates.ca/mortgage-rates
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    Dataset updated
    Jul 24, 2024
    Dataset provided by
    RATESDOTCA Group Ltd.
    Authors
    RATESDOTCA
    Time period covered
    2001 - 2023
    Area covered
    Canada
    Variables measured
    Mortgage rates
    Description

    Rates have been trending downward in Canada for the last five years. The ebbs and flows are caused by changes in Canada’s bond yields (driven by Canadians economic developments and international rate movements, particularly U.S. rate fluctuations) and the overnight rate (which is set by the Bank of Canada). As of August 2022, there has been a 225 bps increase in the prime rate, since beginning of year 2022, from 2.45% to 4.70% as of Aug 24th 2022. The following are the historical conventional mortgage rates offered by the 6 major chartered banks in Canada in the past 20 years.

  7. Canada Conventional Mortgage: 5 Years: Weekly

    • ceicdata.com
    + more versions
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    CEICdata.com, Canada Conventional Mortgage: 5 Years: Weekly [Dataset]. https://www.ceicdata.com/en/canada/conventional-mortgage-rate/conventional-mortgage-5-years-weekly
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    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2025 - Mar 19, 2025
    Area covered
    Canada
    Variables measured
    Lending Rate
    Description

    Canada Conventional Mortgage: 5 Years: Weekly data was reported at 6.490 % pa in 07 May 2025. This stayed constant from the previous number of 6.490 % pa for 30 Apr 2025. Canada Conventional Mortgage: 5 Years: Weekly data is updated weekly, averaging 5.700 % pa from Jan 2000 (Median) to 07 May 2025, with 1323 observations. The data reached an all-time high of 8.750 % pa in 31 May 2000 and a record low of 4.640 % pa in 12 Jul 2017. Canada Conventional Mortgage: 5 Years: Weekly data remains active status in CEIC and is reported by Bank of Canada. The data is categorized under Global Database’s Canada – Table CA.M005: Conventional Mortgage Rate. [COVID-19-IMPACT]

  8. C

    Canada Mortgage credit interest rate, percent, March, 2025 - data, chart |...

    • theglobaleconomy.com
    csv, excel, xml
    Updated Jan 7, 2021
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    Globalen LLC (2021). Canada Mortgage credit interest rate, percent, March, 2025 - data, chart | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/Canada/mortgage_interest_rate/
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    csv, excel, xmlAvailable download formats
    Dataset updated
    Jan 7, 2021
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jul 31, 2016 - Mar 31, 2025
    Area covered
    Canada
    Description

    Mortgage credit interest rate, percent in Canada, March, 2025 The most recent value is 4.39 percent as of March 2025, a decline compared to the previous value of 4.46 percent. Historically, the average for Canada from July 2016 to March 2025 is 3.3 percent. The minimum of 2.32 percent was recorded in February 2022, while the maximum of 4.84 percent was reached in May 2024. | TheGlobalEconomy.com

  9. T

    Canada Interest Rate

    • tradingeconomics.com
    • ko.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jun 4, 2025
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    TRADING ECONOMICS (2025). Canada Interest Rate [Dataset]. https://tradingeconomics.com/canada/interest-rate
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    csv, xml, json, excelAvailable download formats
    Dataset updated
    Jun 4, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Feb 7, 1990 - Jun 4, 2025
    Area covered
    Canada
    Description

    The benchmark interest rate in Canada was last recorded at 2.75 percent. This dataset provides - Canada Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  10. T

    MORTGAGE RATE by Country Dataset

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 28, 2017
    + more versions
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    TRADING ECONOMICS (2017). MORTGAGE RATE by Country Dataset [Dataset]. https://tradingeconomics.com/country-list/mortgage-rate
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    csv, excel, xml, jsonAvailable download formats
    Dataset updated
    May 28, 2017
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    2025
    Area covered
    World
    Description

    This dataset provides values for MORTGAGE RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

  11. Canada Bank Lending Rate

    • ceicdata.com
    • dr.ceicdata.com
    Updated Mar 26, 2025
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    CEICdata.com (2025). Canada Bank Lending Rate [Dataset]. https://www.ceicdata.com/en/indicator/canada/bank-lending-rate
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    Dataset updated
    Mar 26, 2025
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 1, 2024 - Feb 1, 2025
    Area covered
    Canada
    Description

    Key information about Canada Bank Lending Rate

    • Canada Bank Lending Rate was reported at 5.200 % pa in Feb 2025.
    • This records a decrease from the previous number of 5.450 % pa for Jan 2025.
    • Canada Bank Lending Rate data is updated monthly, averaging 5.500 % pa from Jan 1935 to Feb 2025, with 1082 observations.
    • The data reached an all-time high of 22.750 % pa in Aug 1981 and a record low of 2.250 % pa in May 2010.
    • Canada Bank Lending Rate data remains active status in CEIC and is reported by CEIC Data.
    • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Bank Lending Rate: Monthly.

    The Bank of Canada provides monthly Bank Lending Rate.

  12. T

    Canada Chartered Banks Prime Lending Rate

    • tradingeconomics.com
    • tr.tradingeconomics.com
    • +13more
    csv, excel, json, xml
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    TRADING ECONOMICS, Canada Chartered Banks Prime Lending Rate [Dataset]. https://tradingeconomics.com/canada/bank-lending-rate
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    json, excel, xml, csvAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1955 - Jun 30, 2025
    Area covered
    Canada
    Description

    Bank Lending Rate in Canada remained unchanged at 4.95 percent in June. This dataset provides - Canada Prime Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  13. Canada Long Term Interest Rate

    • ceicdata.com
    Updated Feb 15, 2025
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    CEICdata.com (2025). Canada Long Term Interest Rate [Dataset]. https://www.ceicdata.com/en/indicator/canada/long-term-interest-rate
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    Dataset updated
    Feb 15, 2025
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 1, 2024 - Feb 1, 2025
    Area covered
    Canada
    Variables measured
    Securities Yield
    Description

    Key information about Canada Long Term Interest Rate

    • Canada Government Benchmark Bonds Yield: Month End: 10 Years was reported at 2.90 % pa in Feb 2025, compared with 3.07 % pa in the previous month.
    • Canada Long Term Interest Rate data is updated monthly, available from Jan 1993 to Feb 2025.
    • The data reached an all-time high of 9.28 % pa in Jun 1994 and a record low of 0.46 % pa in Jul 2020.
    • Long Term Interest Rate is reported by reported by Bank of Canada.

    Government Benchmark Bond are rates based on actual mid-market closing yields of selected Canada bond issues that mature approximately in the indicated term areas.


    Related information about Canada Long Term Interest Rate
    • In the latest reports, Canada Short Term Interest Rate: Month End: Treasury Bills Yield: 3 Months was reported at 2.82 % pa in Feb 2025.
    • The cash rate (Policy Rate: Month End: Overnight Target Rate) was set at 3.00 % pa in Feb 2025.
    • Canada Exchange Rate against USD averaged 1.33 (USD/CAD) in Jun 2023.

  14. Average value of new mortgage loans in Canada 2012-2024, per quarter

    • statista.com
    Updated Jul 10, 2025
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    Statista (2025). Average value of new mortgage loans in Canada 2012-2024, per quarter [Dataset]. https://www.statista.com/statistics/1202969/average-value-of-mortgage-loans-canada/
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    Dataset updated
    Jul 10, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Canada
    Description

    The average loan size of new mortgages in Canada increased in 2024, after a year of steady decline in 2023. In the third quarter of 2024, the average size of a mortgage amounted to ******* Canadian dollars, up from ******* in the second quarter of 2024. Mortgages varied in size in different metropolitan areas, with Toronto and Vancouver seeing the highest value of new mortgages.

  15. Canada Mortgage and Housing Corporation, average rents for areas with a...

    • www150.statcan.gc.ca
    • datasets.ai
    • +3more
    Updated Feb 4, 2025
    + more versions
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    Government of Canada, Statistics Canada (2025). Canada Mortgage and Housing Corporation, average rents for areas with a population of 10,000 and over [Dataset]. http://doi.org/10.25318/3410013301-eng
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    Dataset updated
    Feb 4, 2025
    Dataset provided by
    Statistics Canadahttps://statcan.gc.ca/en
    Area covered
    Canada
    Description

    This table contains data described by the following dimensions (Not all combinations are available): Geography (247 items: Carbonear; Newfoundland and Labrador; Corner Brook; Newfoundland and Labrador; Grand Falls-Windsor; Newfoundland and Labrador; Gander; Newfoundland and Labrador ...), Type of structure (4 items: Apartment structures of three units and over; Apartment structures of six units and over; Row and apartment structures of three units and over; Row structures of three units and over ...), Type of unit (4 items: Two bedroom units; Three bedroom units; One bedroom units; Bachelor units ...).

  16. Average value of new mortgage loans in Canada 2023, by metropolitan area

    • statista.com
    Updated Jan 30, 2025
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    Statista (2025). Average value of new mortgage loans in Canada 2023, by metropolitan area [Dataset]. https://www.statista.com/statistics/1202954/average-value-of-mortgage-loans-canada-by-metropolitan-area/
    Explore at:
    Dataset updated
    Jan 30, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Canada
    Description

    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.

  17. Canada Mortgage and Housing Corporation, vacancy rates, row and apartment...

    • open.canada.ca
    • datasets.ai
    • +3more
    csv, html, xml
    Updated Feb 4, 2025
    + more versions
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    Statistics Canada (2025). Canada Mortgage and Housing Corporation, vacancy rates, row and apartment structures of three units and over, privately initiated in census metropolitan areas, weighted average [Dataset]. https://open.canada.ca/data/en/dataset/4946b14e-f2bb-46de-9b4e-dc007665e122
    Explore at:
    html, xml, csvAvailable download formats
    Dataset updated
    Feb 4, 2025
    Dataset provided by
    Statistics Canadahttps://statcan.gc.ca/en
    License

    Open Government Licence - Canada 2.0https://open.canada.ca/en/open-government-licence-canada
    License information was derived automatically

    Area covered
    Canada
    Description

    This table contains data described by the following dimensions (Not all combinations are available): Geography (37 items: Census metropolitan areas; Saguenay; Quebec; Edmonton; Alberta; Calgary; Alberta ...).

  18. Canada Mortgage and Housing Corporation, vacancy rates, row and apartment...

    • open.canada.ca
    • www150.statcan.gc.ca
    • +1more
    csv, html, xml
    Updated Feb 4, 2025
    + more versions
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    Statistics Canada (2025). Canada Mortgage and Housing Corporation, vacancy rates, row and apartment structures of three units and over, privately initiated in census agglomerations of 50,000 and over, weighted average [Dataset]. https://open.canada.ca/data/en/dataset/77156718-064b-4c9d-ac81-7f016170a081
    Explore at:
    html, xml, csvAvailable download formats
    Dataset updated
    Feb 4, 2025
    Dataset provided by
    Statistics Canadahttps://statcan.gc.ca/en
    License

    Open Government Licence - Canada 2.0https://open.canada.ca/en/open-government-licence-canada
    License information was derived automatically

    Area covered
    Canada
    Description

    This table contains data described by the following dimensions (Not all combinations are available): Geography (39 items: All census agglomerations 50,000 and over; Barrie; Ontario; Belleville; Ontario; Abbotsford-Mission; British Columbia ...).

  19. E

    Expensive Canadian Housing Market Report

    • datainsightsmarket.com
    doc, pdf, ppt
    Updated Dec 16, 2024
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    Data Insights Market (2024). Expensive Canadian Housing Market Report [Dataset]. https://www.datainsightsmarket.com/reports/expensive-canadian-housing-market-17462
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    pdf, ppt, docAvailable download formats
    Dataset updated
    Dec 16, 2024
    Dataset authored and provided by
    Data Insights Market
    License

    https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global, Canada
    Variables measured
    Market Size
    Description

    The Canadian housing market, particularly in major urban centers, has experienced a prolonged period of rapid price appreciation, driven by factors such as low interest rates, strong population growth, and limited supply. According to the Canada Mortgage and Housing Corporation (CMHC), the national average house price rose by more than 50% between 2020 and 2022, with prices in some major cities, such as Toronto and Vancouver, increasing by even more. This rapid price growth has made it increasingly difficult for many Canadians to afford a home, especially in the country's most desirable markets. However, the Canadian housing market is starting to show signs of cooling in 2023, as rising interest rates and stricter mortgage lending rules from the government begin to take effect. The CMHC predicts that the national average house price will decline by 7.6% in 2023, with prices in some markets, such as Toronto and Vancouver, expected to fall by even more. This cooling is expected to continue in 2024, with the CMHC predicting a further decline in the national average house price of 3.2%. The long-term outlook for the Canadian housing market is more uncertain, but the CMHC expects that prices will continue to rise, albeit at a more moderate pace. The Canadian housing market is one of the most expensive in the world, with prices in major cities like Toronto and Vancouver soaring to record highs in recent years. This has led to a growing concern about affordability, as many Canadians are being priced out of the market. Key drivers for this market are: Increasing Adoption of Remote and Hybrid Work Model. Potential restraints include: Lack of Privacy. Notable trends are: Pandemic Accelerated Luxury Home Sales in Major Canadian Markets.

  20. Canada Mortgage and Housing Corporation, vacancy rates, row and apartment...

    • data.wu.ac.at
    csv, html, xml
    Updated Feb 14, 2018
    + more versions
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    Statistics Canada | Statistique Canada (2018). Canada Mortgage and Housing Corporation, vacancy rates, row and apartment structures of three units and over, privately initiated in census agglomerations of 10,000 to 49,999 and cities, weighted average [Dataset]. https://data.wu.ac.at/odso/www_data_gc_ca/NzRmZjJjY2YtMTk3Zi00YTY4LThjOGYtMDVlNzgzNGE4ZDVk
    Explore at:
    html, xml, csvAvailable download formats
    Dataset updated
    Feb 14, 2018
    Dataset provided by
    Statistics Canadahttps://statcan.gc.ca/en
    License

    Open Government Licence - Canada 2.0https://open.canada.ca/en/open-government-licence-canada
    License information was derived automatically

    Area covered
    Canada
    Description

    Canada Mortgage and Housing Corporation, vacancy rates, row and apartment structures of three units and over, privately initiated in census agglomerations of 10,000 to 49,999 and cities, weighted average

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Statista (2024). Average mortgage interest rate in Canada 2019-2023, by type of mortgage [Dataset]. https://www.statista.com/statistics/1203196/average-mortgage-interest-rate-canada-by-type/
Organization logo

Average mortgage interest rate in Canada 2019-2023, by type of mortgage

Explore at:
Dataset updated
Sep 9, 2024
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
Canada
Description

In 2023, mortgage interest rates in Canada increased for all types of mortgages. The interest rate for fixed mortgage interest rates for five years and more doubled, from 2.38 percent to 5.52 percent between December 2021 and December 2023. The higher borrowing costs led to the housing market contracting in 2022 and corrections of the property prices across the country.

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