2 days ago
CMHC releases latest Residential Mortgage Industry Report Français
OTTAWA, ON, June 12, 2025 /CNW/ - The national mortgage delinquency rate increased to 0.21% in Q4 2024, up from 0.17% in Q4 2023, according to Canada Mortgage and Housing Corporation's (CMHC) latest Residential Mortgage Industry Report (RMIR).
The increase was driven by rising delinquencies in Ontario and British Columbia, which continued into the first quarter of 2025 according to recent data from Equifax Canada. This aligns with CMHC Chief Economist Mathieu Laberge's November 2024 forecast for mortgage arrears.
CMHC is monitoring this trend closely, along with other indicators in the residential mortgage market.
For more details, download and read the full RMIR on the CMHC website.
Watch or listen to CMHC's podcast discussing the latest RMIR on YouTube.
Follow us on LinkedIn, YouTube, Instagram, X (formerly Twitter), and Facebook.
