If high rates persist, fraudulent activity could accelerate
Outstanding mortgage and credit card balances rise
Recent rises in home price index erased some of the earlier correction, Teranet–National Bank report said
HELOC balances decline, cooling credit card and mortgage growth
High prices and interest rates pose challenges to the home-building and mortgage sectors
Financial pressure likely to intensify as mortgages reprice in years ahead
Average cost of a detached home in the market rose 4.8% year over year to top $1.4 million
Sales in the market totalled 2,455 last month, a 28.9% increase from a year ago
Annual mortgage debt growth slowest since 2011, StatsCan says
Fuel prices were the biggest driver behind the drop