Chart 5
Mortgage interest costs continue to accelerate while homeowners' replacement costs continue to slow

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12-month % change -15 -10 -5 0 5 10 15 20 25 30 Jan. 2020 2021 2022 Apr. 2023 Mortgage interest costMortgage interest cost Homeowners' replacement costHomeowners' replacement cost
Source(s):
Table 18-10-0004-01.

Chart description


This is a column clustered chart.

Mortgage interest costs continue to accelerate while homeowners' replacement costs continue to slow, 12-month % change
  Mortgage interest cost Homeowners' replacement cost
January 2020 5.3 0.1
February 2020 4.7 0.1
March 2020 4.4 0.6
April 2020 4.0 1.0
May 2020 3.3 1.2
June 2020 2.5 1.5
July 2020 1.6 1.6
August 2020 0.9 2.0
September 2020 0.1 2.6
October 2020 -0.8 3.6
November 2020 -1.9 4.6
December 2020 -3.1 5.5
January 2021 -4.3 5.8
February 2021 -5.4 7.0
March 2021 -6.3 7.9
April 2021 -7.3 9.1
May 2021 -8.2 11.3
June 2021 -8.6 12.9
July 2021 -9.0 13.8
August 2021 -9.3 14.3
September 2021 -9.2 14.4
October 2021 -8.9 13.5
November 2021 -8.3 13.5
December 2021 -7.6 13.6
January 2022 -6.8 13.5
February 2022 -6.0 13.2
March 2022 -5.4 12.9
April 2022 -4.4 13.0
May 2022 -2.7 11.1
June 2022 -0.6 10.0
July 2022 1.7 9.1
August 2022 4.8 8.4
September 2022 8.3 7.7
October 2022 11.4 6.9
November 2022 14.5 5.8
December 2022 18.0 4.7
January 2023 21.2 4.3
February 2023 23.9 3.3
March 2023 26.4 1.7
April 2023 28.5 0.2
Source(s):
Table 18-10-0004-01.
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