Canadian Mortgage Debt Has Never Seen Such Explosive Growth, Hits $1.7 Trillion
Home sales might be slowing, but Canadians have begun one of the most epic debt binges ever. Bank of Canada (BoC) data shows outstanding residential mortgage credit reached a new record in June. It didn’t just “soar” to that level though. It showed explosive growth, like someone strapped a rocket to it.
Original Article Source Credits: Better Dwelling , https://betterdwelling.com/
Article Written By: Daniel Wong
Original Article Posted on:
Link to Original Article: https://betterdwelling.com/canadian-mortgage-debt-has-never-seen-such-explosive-growth-hits-1-7-trillion/