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January 2012
Happy New Year.
Welcome to the January issue of CAAMP
Stats. For more information on CAAMP
please visit www.caamp.org.
JUMP TO A SECTION:
Bank of Canada
Interest Rate
|
October 25, 2011 |
1.00 %
|
|
December 6, 2011 |
1.00 %
|
|
January 17, 2012 |
Next meeting date
|
Bank Prime Lending
Rate
|
October 26, 2011 |
3.00 % |
|
December 7, 2011 |
3.00 %
|
|
January 18, 2012 |
Next meeting date
|
Conventional Mortgage -
5 Year Rate*
|
October 12, 2011 |
5.29 %
|
|
November 16,
2011 |
5.29 %
|
|
December 21,
2011 |
5.29 %
|
Source: Bank of Canada
*Determinant for high
ratio mortgage variable
qualifying rate
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US Federal
Reserve Board Discount
Rate
|
November 2, 2011 |
0.00 % - 0.25 % |
|
December 13,
2011 |
0.00 % - 0.25 % |
|
January 25, 2012 |
Next meeting
date |
Source: US Federal
Reserve
*US Federal Reserve has
indicated it will keep
this rate until Q2 2013
Top of Page
|
December 1, 2011 |
0.9859 |
|
December 14,
2011 |
0.9619 |
|
December 30,
2011 |
0.9833 |
|
Bond Type |
November 16,
2011 |
November 30,
2011 |
December 14,
2011 |
1 year Treasury
Bill
|
0.87% |
0.92% |
0.86% |
3 year Benchmark
Bond Yield |
1.02% |
1.10% |
0.93% |
5 year Benchmark
Bond Yield |
1.36% |
1.46% |
1.25% |
10 year
Benchmark
Bond Yield |
2.09% |
2.15% |
1.95% |
Total New Housing Starts (Seasonally
adjusted and annualized)
|
Province |
September
2011 |
September
2010 |
October
2011 |
October
2010 |
November
2011 |
November
2010 |
|
Newfoundland/Labrador |
3,400 |
3,200 |
3,300 |
3,400 |
3,700 |
3,100 |
|
PEI |
1,300 |
600 |
900 |
400 |
1,300 |
1,000 |
|
Nova Scotia |
6,000 |
4,200 |
3,300 |
4,700 |
2,600 |
3,100 |
|
New
Brunswick |
4,900 |
2,600 |
3,900 |
4,900 |
3,400 |
3,400 |
|
Quebec |
59,700 |
52,300 |
44,200 |
48,600 |
43,500 |
42,000 |
|
Ontario |
65,600 |
57,900 |
74,800 |
44,700 |
52,800 |
80,300 |
|
Manitoba |
4,500 |
4,400 |
7,600 |
3,800 |
7,100 |
4,700 |
|
Saskatchewan |
9,100 |
5,500 |
8,400 |
4,700 |
7,400 |
7,200 |
|
Alberta |
24,300 |
27,800 |
32,000 |
25,200 |
28,700 |
21,100 |
|
British
Columbia |
29,700 |
29,900 |
30,400 |
27,500 |
28,700 |
22,200 |
|
CANADA |
208,500 |
188,400 |
208,800 |
167,900 |
181,200 |
188,100 |
Source: CMHC Housing
Now - December 2011
and December 2010.
This seasonally
adjusted data goes
through stages of
revision at
different times of
the year.
Average MLS® Resale
Price for Local Markets
|
City |
November 2010 |
November 2011 |
|
Halifax
|
$ 252,554 |
$ 262,714 |
|
Saint John
|
$ 170,610 |
$ 159,101 |
|
Quebec
|
$ 244,587 |
$ 250,888 |
|
Montreal
|
$ 305,042 |
$ 322,808 |
|
Ottawa
|
$ 325,150 |
$ 347,675 |
|
Toronto
|
$ 437,999 |
$ 480,421 |
|
Hamilton/Burlington
|
$ 310,492 |
$ 342,005 |
|
Winnipeg
|
$ 226,886 |
$ 236,127 |
|
Saskatoon
|
$ 312,893 |
$ 314,541 |
|
Regina
|
$ 265,590 |
$ 273,243 |
|
Calgary
|
$ 398,619 |
$ 398,722 |
|
Edmonton
|
$ 318,538 |
$ 319,559 |
|
Vancouver
|
$ 699,009 |
$ 728,118 |
|
Victoria
|
$ 511,648 |
$ 499,676 |
Source: Canadian Real
Estate Association
Annual Provincial House
Prices and Increases
|
