[Pablothegreat]

Originally Posted by heep223

This is a great post. I would add that when the absolute mortgage arrears number in AB gets to 3,000, is when the market really softens up and becomes a full blown buyer's market.

Currently at 2,000.

http://www.cba.ca/contents/files/sta...e_db050_en.pdf

Thank you for this data. Just looking at the short term, in 2015, looks like mortgages in arrears hovered around 1,500-1,600. In 2016, they are jumping into the 1,800-1,900 in just a few months - touching the 2,000 in April. Wonder what the numbers are for May-Aug.