Real Estate News

Toronto And Vancouver See Mortgage Delinquencies Rise To Highest Level Since Twenty Sixteen


Image by chapay from Pixabay

Canada Mortgage and Housing Corporation (CMHC) data shows mortgage delinquencies are flat in Q3 2020. It’s a little different looking at the biggest real estate markets though. In Toronto and Vancouver, delinquencies are still rising to multi-year highs. Montreal is performing as expected, with delinquency rates falling, likely helped by payment deferrals.

Continue to read on: BETTERDWELLING

Share this News

Share