Mortgage loans as a share of gdp reached 59.6% in first quarter of 2024 in Canada, according to the National Central Bank. This is 3.28% less than in the previous quarter.
Historically, mortgage loans as a share of GDP in Canada reached an all time high of 76.6% in 3Q2021 and an all time low of 27.0% in 1Q2005.
Canada has been ranked 7th within the group of 62 countries we follow in terms of mortgage loans as a share of GDP.
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