Credit , Credit & more Credit - Canada on fueled Real Estate Upswing
Housing market growth boosts real estate loans
Canadians, buoyed by a budding housing market recovery, took on more debt in June as they tapped banks for a variety of loans tied to real estate.
Total bank-issued credit to households grew by 1 per cent in June from May.
On a year-over-year basis, household credit increased by 9.9 per cent.
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