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CMHC: Toronto and Vancouver real estate delinquencies rise, while the rest of Canada falls

from Better Dwelling

CMHC: Toronto and Vancouver real estate delinquencies rise, while the rest of Canada falls Better Dwelling Canadian real estate markets are seeing mortgage delinquencies fall... just not in Toronto or Vancouver. Equifax data crunched by the CMHC shows the national rate of delinquencies fell in Q1 2020. Breaking down the numbers, this trend is stronger in some real estate markets than others. Montreal for instance, is seeing their delinquency rates drop to multi-year lows. Toronto and Vancouver are on the flip side of the stat, and are actually seeing delinquencies rise. READ MORE

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