Skip to main content

Household debt continues to rise

The focus remained on the nation’s housing boom last week, with figures released showing that house prices continued to rise rapidly last month, even as home sales fell further in the aftermath of the new foreign buyer tax in Vancouver. Unsurprisingly, we also learned that household debt hit another record high relative to disposable income in the second quarter. 

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.

By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.