|
Bank of Canada Interest Rate
|
October 19, 2010 |
1.00% |
|
December 7, 2010 |
1.00% |
|
January 18, 2011 |
Next meeting date |
Source: Bank of Canada
Bank Prime Lending Rate
|
October 20, 2010 |
3.00% |
|
December 8, 2010 |
3.00% |
|
January 19, 2011 |
Next meeting date |
Source: Bank of Canada
Conventional Mortgage - 5 Year Rate*
|
November 24, 2010 |
5.44% |
|
December 1, 2010 |
5.19% |
|
December 29, 2010 |
5.19% |
Source: Bank of Canada
*Determinent for high ratio mortgage variable qualifying rate
US Federal Reserve Board Discount Rate
|
November 3, 2010 |
0.00% - 0.25% |
|
December 14, 2010 |
0.00% - 0.25% |
|
January 26, 2011 |
Next meeting date |
Source: US Federal Reserve
Exchange Rate $CDN($US)
November 26, 2010 .9804 $CDN($US)
December 15, 2010 .9960 $CDN ($US)
December 31, 2010 100.54 $CDN ($US)
Source: Bank of Canada
Government of Canada Bonds
|
Bond Type |
November 24, 2010 |
December 8, 2010 |
December 22, 2010 |
|
1 year Treasury Bill |
1.39% |
1.34% |
1.36% |
|
3 year Benchmark Bond Yield |
1.94% |
1.90% |
1.87% |
|
5 year Benchmark Bond Yield |
2.48% |
2.49% |
2.42% |
|
10 year Benchmark Bond Yield |
3.19% |
3.25% |
3.17% |
Source: Bank of Canada
Total New Housing Starts (Seasonally adjusted and annualized)
|
Province |
September 2010 |
September 2009 |
October 2010 |
October 2009 |
November 2010 |
November 2009 |
|
Newfoundland/Labrador |
3,100 |
2,800 |
3,400 |
2,900 |
3,100 |
3,200 |
|
PEI |
500 |
700 |
400 |
1,200 |
1,000 |
1,000 |
|
Nova Scotia |
4,100 |
4,500 |
4,600 |
4,000 |
3,100 |
2,800 |
|
New Brunswick |
2,400 |
2,900 |
4,900 |
3,600 |
3,400 |
3,900 |
|
Quebec |
50,100 |
41,300 |
47,900 |
37,200 |
42,000 |
40,400 |
|
Ontario |
58,200 |
50,200 |
45,200 |
57,600 |
80,300 |
53,000 |
|
Manitoba |
4,000 |
4,400 |
3,800 |
4,200 |
4,700 |
4,200 |
|
Saskatchewan |
5,300 |
3,700 |
4,700 |
3,600 |
7,200 |
6,100 |
|
Alberta |
27,200 |
22,600 |
25,300 |
25,000 |
21,100 |
24,800 |
|
British Columbia |
29,700 |
16,200 |
27,500 |
18,200 |
22,200 |
19,200 |
|
CANADA |
184,600 |
149,300 |
167,700 |
157,400 |
188,100 |
158,500 |
Source: CMHC Housing Now - December 2010 and December 2009. This seasonally adjusted data goes through stages of revision at different times of the year.
Average MLS resale price for local markets
|
City |
November 2009 |
November 2010 |
|
Halifax |
$239,514 |
$252,554 |
|
Saint John, NB |
$178,484 |
$170,610 |
|
Quebec |
$217,571 |
$244,209 |
|
Montreal |
$284,516 |
$305,258 |
|
Ottawa |
$314,071 |
$325,150 |
|
Toronto |
$418,502 |
$437,999 |
|
Hamilton/Burlington |
$310,377 |
$310,492 |
|
Winnipeg |
$202,128 |
$226,886 |
|
Saskatoon |
$278,885 |
$312,893 |
|
Calgary |
$401,201 |
$398,619 |
|
Edmonton |
$318,482 |
$318,538 |
|
Vancouver |
$622,564 |
$699,009 |
|
Victoria |
$490,892 |
$511,648 |
Source: Canadain Real Estate Association
|
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