We have seen some evidence of younger generations deleveraging outside of household mortgage debt because of high housing costs. They've opted out of the housing market a bit.
On November 7th, 2024. See this statement in context.
On November 7th, 2024. See this statement in context.
November 7th, 2024 / 9:35 a.m.
Assistant Chief Statistician, Economic Statistics, Statistics Canada
We have seen some evidence of younger generations deleveraging outside of household mortgage debt because of high housing costs. They've opted out of the housing market a bit.
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