Wednesday, October 10, 2007

Open & Closed Mortgage Data

Question

A student here is looking for data on the number of open and closed mortgages issued per year for some period of time. CANSIM appears to have nothing; neither does CMHC. Any ideas?

Answer

The Income Statistics Division does not have this data in their holdings. They indicated that the data might be available through the Bank of Canada. There may also be relevant data in the CMHC's NHA loan approval system and Conventional Lending Survey.

If it isn't available there, you might want to search industry sources to see if the figures have been published there. The CMHC Library might also be able to provide some suggestions. They can be reached at (613) 748-2367 or toll-free at 1-800-668-2642 (ask for the library).

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