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July 2010...CAAMP Statistics
|
April 20, 2010 |
0.25 % |
|
June 1, 2010 |
0.50 % |
|
July 20, 2010 |
Next meeting date |
|
April 21, 2010 |
2.25 % |
|
June 2, 2010 |
2.50 % |
|
July 21, 2010 |
Next meeting date |
Source: Bank of Canada
Conventional Mortgage - 5 Year Rate*
|
May 12, 2010 |
6.10 % |
|
June 16, 2010 |
5.99 % |
|
July 5, 2010 |
5.89 % |
Source: Bank of Canada
*Determinant for high ratio mortgage variable qualifying rate
US Federal Reserve Board Discount Rate
|
April 28, 2010 |
0.00 % - 0.25 % |
|
June 23, 2010 |
0.00 % - 0.25 % |
|
August 10, 2010 |
Next Meeting date |
Source: US Federal Reserve
Exchange Rate $CDN($US)
|
May 31, 2010 |
0.9583 |
|
June 11, 2010 |
0.9673 |
|
June 30, 2010 |
0.9393 |
|
Bond Type |
May 26, 2010 |
June 9, 2010 |
June 23, 2010 |
|
1 year Treasury Bill |
1.02% |
1.19% |
1.17% |
|
3 year Benchmark |
2.00% |
2.10% |
1.99% |
|
5 year Benchmark |
2.55% |
2.65% |
2.53% |
|
10 year Benchmark |
3.25% |
3.35% |
3.23% |
Source: Bank of Canada
Total New Housing Starts (Seasonally adjusted and annualized)
|
Province |
March |
March |
April |
April |
May |
May |
|
Newfoundland/Labrador |
6,000 |
3,300 |
3,100 |
2,800 |
3,700 |
2,700 |
|
PEI |
300 |
400 |
400 |
500 |
1,400 |
800 |
|
Nova Scotia |
3,900 |
3,800 |
3,600 |
2,500 |
4,900 |
3,000 |
|
New Brunswick |
3,700 |
3,400 |
3,600 |
4,200 |
4,900 |
4,000 |
|
Quebec |
55,300 |
43,600 |
53,700 |
41,100 |
48,700 |
42,200 |
|
Ontario |
63,200 |
62,600 |
64,700 |
36,300 |
64,600 |
43,800 |
|
Manitoba |
3,800 |
3,500 |
3,400 |
3,100 |
4,400 |
3,300 |
|
Saskatchewan |
4,000 |
2,100 |
4,200 |
2,900 |
4,300 |
4,900 |
|
Alberta |
34,100 |
11,900 |
35,700 |
12,400 |
27,300 |
12,400 |
|
British Columbia |
24,900 |
11,900 |
28,300 |
11,700 |
24,900 |
11,200 |
|
CANADA |
199,200 |
146,500 |
200,700 |
117,600 |
189,100 |
128,400 |
Source: CMHC Housing Now - June 2010 and June 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 |
May 2009 |
May 2010 |
|
Halifax |
$248,209 |
$264,539 |
|
Saint John |
$188,500 |
$173,872 |
|
Quebec |
$212,241 |
$238,594 |
|
Montreal |
$273,390 |
$300,807 |
|
Ottawa |
$312,927 |
$334,360 |
|
Toronto |
$395,609 |
$446,593 |
|
Hamilton/Burlington |
$297,132 |
$315,647 |
|
Winnipeg |
$208,806 |
$237,697 |
|
Saskatoon |
$279,477 |
$294,516 |
|
Calgary |
$382,632 |
$417,978 |
|
Edmonton |
$326,332 |
$340,723 |
|
Vancouver |
$583,674 |
$661,745 |
|
Victoria |
$482,119 |
$515,126 |
Source: Canadian Real Estate Association
MLS® Home Sale Prices
|
Year |
Canada |
BC |
AB |
MB/SK |
ON |
QC |
Atlantic |
|
2007 |
$307,094 |
$439,119 |
$356,235 |
$171,609 |
$299,544 |
$207,530 |
$158,589 |
|
2008 |
$304,971 |
$454,599 |
$352,857 |
$205,036 |
$302,354 |
$215,307 |
$171,258 |
|
2009 |
$320,333 |
$465,725 |
$341,201 |
$216,012 |
$318,366 |
$225,412 |
$182,640 |
|
2010 YTD |
$342,327 |
$495,471 |
$353,397 |
$226,918 |
$349,101 |
$239,890 |
$196,121 |
|
Year |
Vancouver |
Calgary |
Toronto |
Montreal |
|
2007 |
$570,795 |
$414,066 |
$377,029 |
$229,902 |
|
2008 |
$593,767 |
$405,267 |
$379,943 |
n/a |
|
2009 |
$592,441 |
$385,882 |
$396,154 |
n/a |
Source: Scotia Economics, May 2010
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