
Canadian mortgage arrears surged to a five‑year high of 0.219% in December 2024, marking the fastest monthly increase since the pandemic’s early days. The number of mortgages 90 days past due rose 4.2% month‑over‑month, adding roughly 520 delinquent loans and pushing the arrears rate up 18.2% year‑over‑year. While the overall mortgage pool shrank about 3%, delinquencies jumped 75%, inflating the arrears ratio by nearly 86%. This velocity places the spike in the top five percent of historical monthly surges, echoing periods of market stress in 2008‑09 and 2020.

Mortgage delinquency rates in Canada’s two largest housing markets rose sharply in Q3 2025. Toronto’s rate climbed to 0.27%, a 4.5‑fold increase from its 2021 low and the highest level since 2012. Vancouver’s delinquency rate reached 0.19%, more than double its...

Canadian home prices slipped 0.4% in January, pulling the national average back to February 2021 levels and pushing the sales‑to‑new‑listings ratio to a buyer‑dominated 36.4%. CIBC warns that while prices are below trend in Ontario and British Columbia, they remain...

Canadian home prices slipped 0.4% in January to $658,000, the lowest level since February 2021, marking a 5% year‑over‑year decline. The correction represents a 22.6% drop from the 2022 peak, yet prices remain 26.4% above early‑2020 levels. National sales fell 16.2%...

Statistics Canada reports that the Toronto CMA’s population slipped to 7.11 million in 2025, marking the region’s first post‑pandemic decline. The working‑age cohort (15‑64) contracted by 0.85%, shedding 42.5 k workers, while the senior segment (65+) rose to 1.18 million, now outnumbering children....