Wholesale Funding and Energy Portfolio Strategy
Canadian Housing Fundamentals Remain Sound
Solid indicators on several dimensions
INTERNATIONAL IMMIGRATION
290
240
190
140
2018
Target = 310K
чий
% OF DISPOSABLE INCOME
TOTAL DEBT-SERVICE RATIO
16
15
14
13
1990-2017
average
12
11
10
NUMBER OF IMMIGRANTS
TO CANADA, 000S
RATIO
90
95
00
05
10
15
Sources: Scotiabank Economics, Statistics Canada.
RESIDENTIAL UNIT SALES TO NEW LISTINGS RATIO
1.0
0.8
0.6
0.4
0.2
0.0
سلہ
Sellers' Market
Balanced Market
Buyers' Market
90 92 94 96 98 00 02 04 06 08 10 12 14 16 18
Sources: Scotiabank Economics, CREA MLS. Data through September 2018.
% OF MORTGAGES IN ARREARS
νε
S MONTHS OR MORE
www
90 92 94 96 98 00 02 04 06 08 10 12 14 16 18
Sources: Scotiabank Economics, Statistics Canada. Data through 2018Q2.
RESIDENTIAL MORTGAGES ARREARS
0
CO
5
+
3
2
0
U.S.
Canada
90 92 94 96 98 00 02 04 06 08 10 12 14 16 18
Sources: Scotiabank Economics, CBA, MBA. Data through 2018Q3 (US) and June 2018
(Canada).
Scotiabank® 46View entire presentation