Chart 5
Change in average household mortgage debt by age group of major income earner

index (fourth quarter of 2019=100) 95 100 105 110 115 120 125 130 IV 2019 I II 2020 III IV I II 2021 III IV I II 2022 III IV I II 2023 III Less than 35 yearsLess than 35 years 35 to 44 years35 to 44 years 45 to 54 years45 to 54 years 55 to 64 years55 to 64 years 65 years and older65 years and older
Source(s):

Chart description


This is a line chart.

Change in average household mortgage debt by age group of major income earner, index (fourth quarter of 2019=100)
  Less than 35 years 35 to 44 years 45 to 54 years 55 to 64 years 65 years and older
Fourth quarter 2019 100.0 100.0 100.0 100.0 100.0
First quarter 2020 98.9 100.7 102.9 99.1 99.2
Second quarter 2020 100.8 102.8 105.7 102.1 103.0
Third quarter 2020 104.8 105.7 108.7 104.8 106.0
Fourth quarter 2020 106.3 106.2 109.0 104.9 107.3
First quarter 2021 110.0 108.6 111.5 107.2 109.3
Second quarter 2021 115.7 113.6 116.6 112.3 113.8
Third quarter 2021 121.7 117.7 119.5 114.5 115.2
Fourth quarter 2021 118.8 116.2 117.9 112.8 113.6
First quarter 2022 120.6 118.2 120.0 115.0 115.7
Second quarter 2022 123.2 121.4 123.2 118.2 118.2
Third quarter 2022 124.8 123.1 124.6 119.6 118.4
Fourth quarter 2022 123.4 123.5 125.4 120.7 119.5
First quarter 2023 121.5 123.7 126.2 122.1 120.8
Second quarter 2023 120.0 124.4 127.9 124.8 123.4
Third quarter 2023 118.6 124.8 129.0 126.4 124.1
Source(s):
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