New mortgage volumes in 2021’s second quarter were the highest ever recorded in a single quarter, according to a new consumer credit report from Equifax Canada.
The report indicated that new volumes totalled over 410k during Q2, a 60.2% increase over the same period in 2020, with the average loan amount for new mortgages rising by just over 22% to $355,000. #SANDI HALPERN # SOLD # REAKL ESTATE MARKET # MORTGAGES
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