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Canadian Mortgage Credit Is Seeing Growth Surge, Despite Slow Real Estate Sales

Canadian mortgage debt is swelling, despite the freeze on home sales. Bank of Canada (BoC) data shows mortgage credit made the biggest jump in a decade for April. The rise is somewhat unusual, since dollar volumes for home sales haven’t increased much. Even though resale and new home markets have slowed due to the pandemic, […]

The post Canadian Mortgage Credit Is Seeing Growth Surge, Despite Slow Real Estate Sales appeared first on Better Dwelling.

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