Trends in the Canadian mortgage market: Before and during COVID-19

Articles and reports: 11-621-M2021001


Despite COVID-19's impact on the broader economy, the Canadian housing market remained resilient through 2020 as interest rates fell to historic lows. Using data derived from the National Economic Accounts Division and the Bank of Canada, this paper examines trends observed in the mortgage market leading up to and during the COVID-19 pandemic.

Issue Number: 2021001
Author(s): Daoust, Michael; Hoffarth, Matthew; Haines, Thomas

Main Product: Analysis in Brief

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HTMLFebruary 17, 2021
PDFFebruary 17, 2021