Earnings & Dividend Growth Presentation
RATIO
NUMBER OF IMMIGRANTS
TO CANADA, 000S
CANADIAN HOUSING FUNDAMENTALS REMAIN SOUND
Solid indicators on several dimensions.
INTERNATIONAL IMMIGRATION
290
240
2018
Target = 310K
تش
190
140
90
95
00
Sources: Scotiabank Economics, Statistics Canada.
05
10
15
RESIDENTIAL UNIT SALES TO NEW LISTINGS RATIO
1.0
0.8
Sellers' Market
0.6
Balanced Market
0.4
Buyers' Market
0.2
0.0
90 92 94 96 98 00 02 04 06 08 10 12 14 16 18
Sources: Scotiabank Economics, CREA MLS. Data through July 2018.
% OF MORTGAGES IN ARREARS
3 MONTHS OR MORE
3
2
% OF DISPOSABLE INCOME
CO
5
TOTAL DEBT-SERVICE RATIO
16
15
14
13
1990-2017
average
10
90 92 94 96 98 00 02 04 06 08 10 12 14 16 18
Sources: Scotiabank Economics, Statistics Canada. Data through 2018Q1.
RESIDENTIAL MORTGAGES ARREARS
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 2018Q1 (US) and March 2018
(Canada).
Scotiabank 53View entire presentation