08:52 AM EDT, 09/11/2025 (MT Newswires) -- Canadian household net worth rose for a seventh straight quarter in Q2, increasing by $257.7 billion, or 1.5% from Q1, to $17,877.1 billion, Statistics Canada said Thursday.

Financial assets grew 2.7%, or $291.1 billion, to $11,224.5 billion in the second quarter as equity markets rebounded. The S&P 500 Index gained 10.6% after a Q1 decline, while the S&P/TSX Composite Index advanced 7.8% after 0.8% growth in Q1.

The value of residential real estate edged down $3.3 billion, limiting growth in non-financial assets to 0.1%.

Household financial liabilities rose $46.7 billion, or 1.5%, in the second quarter, driven mainly by mortgage and non-mortgage debt.

The seasonally adjusted stock of credit market debt, including consumer credit and mortgage and non-mortgage loans, rose 1.0% to exceed $3.1 trillion, with mortgages making up nearly 75% of the total.

The ratio of household credit market debt to disposable income increased for a third consecutive quarter, up 1.1 percentage points to 174.9%, meaning households owed $1.75 for every dollar of disposable income. That remains below the record $1.86 set in Q4 2021.

The household debt-service ratio, which measures required principal and interest payments as a share of disposable income, inched up to 14.41% from 14.37% in the second quarter, ending five consecutive quarters of declines.