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Semi-Annual State of the Housing Market Report

Wave of mortgage renewals coming, recession projected this year: report

Mortgage Professionals Canada is proud to release the Housing Market Report: 2023 Mid-Year Consumer Survey and Economic Outlook. The Year-End Consumer Survey and Outlook report is commissioned by MPC from Oxford Economics, a world leader in global forecasting and quantitative analysis. The report utilizes data collected from an online survey of approximately 2,000 Canadians across the country in June and July of 2023, tabulated by MPC partner firm, Bond Brand Loyalty.

This new report features for the first time regional market and survey highlights for BC, the Prairies, Ontario, Quebec, and Atlantic Canada. Check out pages 26 to 30 for this content.

View the press release

“Canadians are facing a housing affordability crisis with little sign of easing in sight. We hear this every day from our members right across the country, and that is why we continue to advocate for policies that break down the barriers to homeownership.”

- Lauren van den Berg, President & CEO, Mortgage Professionals Canada

In addition to the publicly available report above, MPC members have exclusive access to the full survey findings! Login to access link below.


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Past Consumer Reports

Our past consumer reports, authored by former MPC Chief Economist Will Dunning, can be found here. We feel that these reports continue to be of interest to our members and will be available for reference purposes.
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