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November 2010...CAAMP Statistics

Bank of Canada Interest Rate

September 8, 2010

1.00 %

October 19, 2010

1.00 %

December 7, 2010

Next meeting date

Source: Bank of Canada


Bank Prime Lending Rate

September 9, 2010

3.00 %

October 20, 2010

3.00 %

December 8, 2010

Next meeting date

Source: Bank of Canada

Conventional Mortgage - 5 Year Rate*

August 30, 2010

5.39 %

September 15, 2010

5.39 %

October 18, 2010

5.29 %

Source: Bank of Canada
*Determinant for high ratio mortgage variable qualifying rate


US Federal Reserve Board Discount Rate

September 21, 2010

0.00 % - 0.25 %

November 3, 2010

0.00 % - 0.25 %

December 14, 2010

Next Meeting date

Source: US Federal Reserve

Exchange Rate $CDN($US)

September 4, 2010

0.9671

October 18, 2010

0.9861

November 1, 2010

0.9842

Source: Bank of Canada

Government of Canada Bonds

Bond Type

September 29, 2010

October 13, 2010

October 27, 2010

1 year Treasury Bill

1.27%

1.22%

1.21%

3 year Benchmark
Bond Yield

1.58%

1.55%

1.59%

5 year Benchmark
Bond Yield

2.01%

1.94%

2.06%

10 year Benchmark
Bond Yield

2.74%

2.73%

2.89%

Source: Bank of Canada

Total New Housing Starts (Seasonally adjusted and annualized)

Province

July
2010

July
2009

August
2010

August
2009

September
2010

September
2009

Newfoundland/Labrador

3,300

2,900

3,400

2,400

3,200

2,800

PEI

800

600

1,000

1,000

600

700

Nova Scotia

5,800

3,300

3,300

4,200

4,200

4,500

New Brunswick

6,100

3,800

5,100

3,700

2,600

2,900

Quebec

52,900

46,200

48,700

47,300

52,300

41,300

Ontario

53,200

39,100

64,400

44,200

57,900

50,200

Manitoba

9,700

4,000

6,300

5,000

4,400

4,400

Saskatchewan

5,300

3,600

7,600

5,100

5,500

3,700

Alberta

29,200

17,600

23,500

18,400

27,800

22,600

British Columbia

22,800

13,100

27,400

19,200

29,900

16,200

CANADA

189,100

134,200

190,900

150,500

188,400

149,300

Source: CMHC Housing Now - October 2010 and October 2009. This seasonally adjusted data goes through stages of revision at different times of the the year.

Average MLS® Resale Price for Local Markets

City

September 2009

September 2010

Halifax

$234,150

$240,092

Saint John

$172,903

$176,997

Quebec

$231,718

$247,735

Montreal

$288,002

$303,409

Ottawa

$305,628

$324,841

Toronto

$406,877

$427,269

Hamilton/Burlington

$304,670

$316,556

Winnipeg

$209,593

$222,598

Saskatoon

$279,457

$312,582

Calgary

$394,835

$401,080

Edmonton

$327,235

$325,060

Vancouver

$610,576

$679,381

Victoria

$502,208

$485,459

Source: Canadian Real Estate Association

Quarterly House Price Survey

Detached Bungalows

Market

Q3 2010
Average

Last Quarter
Average

Q3 2009
Average

%
Change

Halifax

252,333

246,833

235,333

7.2

Charlottetown

 162,000

162,000

160,000

1.3

Moncton

158,000

150,760

165,240

-4.4

Fredericton

 182,000

182,000

180,000

1.1

Saint John

210,000

228,000

201,476

4.2

St. John's

228,025

228,025

200,000

14.0

Montreal

261,656

255,781

239,733

9.1

Ottawa

339,750

334,167

326,667

4.0

Toronto

473,867

481,833

452,200

4.8

Winnipeg

263,125

261,625

240,875

9.2

Regina

293,000

291,500

273,000

7.3

Saskatoon

328,750

331,250

311,500

5.5

Calgary

412,744

419,978

402,056

2.7

Edmonton

311,429

318,714

308,571

0.9

Vancouver

873,500

905,000

802,500

8.8

Victoria

490,000

520,000

465,000

5.4

National

324,531

332,342

310,259

4.6

Standard Two-Storey

Market

Q3 2010
Average

Last Quarter
Average

Q3 2009
Average

%
Change

Halifax

292,667

278,267

277,333

5.5

Charlottetown

196,000

196,000

190,000

3.2

Moncton

137,900

139,300

137,000

0.7

Fredericton

205,000

205,000

205,000

0.0

Saint John

280,000

299,000

268,000

4.5

St. John's 

313,775

313,775

276,000

13.7

Montreal

364,583

357,833

337,480

8.0

Ottawa

345,167

351,667

326,000

5.9

Toronto

577,119

588,095

551,548

4.6

Winnipeg

287,188

293,875

265,938

8.0

Regina

274,000

277,500

251,500

8.9

Saskatoon

350,000

355,500

340,750

2.7

Calgary

410,489

422,078

414,556

-1.0

Edmonton

338,571

345,343

327,429

3.4

Vancouver

977,250

995,250

904,750

8.0

Victoria

470,000

483,000

449,000

4.7

National

360,329

368,843

345,143

4.4

Source: Royal LePage, October 2010



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