Canadian Credit Market Shows Signs of Recovery as New Mortgages Rise 51% Year-Over-Year - TransUnion (NYSE:TRU)
Summary by Benzinga
3 Articles
3 Articles
Canadian Credit Market Shows Signs of Recovery as New Mortgages Rise 51% Year-Over-Year - TransUnion (NYSE:TRU)
Key findings from TransUnion report: Inflation continues to be a key driver of the growth in consumer balances over the last three years, with average non-mortgage balances rising 10% since 2022 Home affordability remains a challenge as average new mortgage sizes climbed 6.9% year-over-year, driven by renewed housing demand Regional disparities in cost of living and wage growth contributed to varying delinquency trends across Canadian provinces…
·New York, United States
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Canadian Credit Market Shows Signs of Recovery as New Mortgages Rise 51% Year-Over-Year
Key findings from TransUnion report:
·Hamilton, Canada
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Total News Sources3
Leaning Left2Leaning Right0Center1Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
C 33%
Factuality
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