Average Scheduled Monthly Payments for New Mortgage Loans

Excel - Report

This quarterly housing data provides you with average monthly payments for new mortgage loans. You can compare the average mortgage repayments made in Canada, the provinces and select Census Metropolitan Areas (CMAs).

Note: Quarterly data ranges from 2012 Q3 to 2024.

Source: Equifax Canada

Author:: CMHC
Document Type:: Excel
Date Published:: September 26, 2024

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Note: In January 2023, we saw an unusual increase in the total outstanding mortgage balances for the third quarter of 2022 compared to previous quarters. We removed the Mortgage and Debt Data tables in question from our website in the same month to investigate.

We discovered differences in the way financial institutions are reporting their mortgage data to Equifax. This impacts the figures related to outstanding mortgages like the number of trades, number of consumers, HELOCs and installment loans.

Data tables from 2019 to 2022 have been revised. Data prior to Q1 2019 have not been revised.