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February 2010...CAAMP Statistics

Bank of Canada Interest Rate

December 8, 2009

0.25%

January 19, 2010

0.25%*

March 2, 2010

Next meeting date

Source: Bank of Canada
*Bank of Canada statement included reference to hold rate to end of second quarter 2010

 

Bank Prime Lending Rate

December 9, 2009

2.25%

January 20, 2010

2.25%

March 3, 2010

Next meeting date

Source: Bank of Canada

 

US Federal Reserve Board Discount Rate

December 15, 2009

0.00% – 0.25%

January 27, 2010

0.00% – 0.25%

March 16, 2010

Next meeting date

Source: US Federal Reserve

 

Exchange Rate $CDN($US)

December 24, 2009

.9525

January 15, 2010

.9714

January 27, 2010

.9392

Source: Bank of Canada

 

Government of Canada Bonds

Bond Type

December 23,
2009

January 13,
2010

January 27, 2010

1 year Treasury Bill

0.66%

0.60%

0.56%

3 year Benchmark
Bond Yield

1.82%

1.80%

1.66%

5 year Benchmark
Bond Yield

2.70%

2.72%

2.46%

10 year Benchmark
Bond Yield

3.57%

3.61%

3.35%

Source: Bank of Canada

 

Total New Housing Starts (Seasonable adjusted and annualized)

Province

October
2009

October
2008

November
2009

November
2008

December
2009

December
2008

Newfoundland/Labrador

2,900

3,100

3,200

2,700

4,200

4,000

PEI 

1,200

600

1,000

800

1,300

 900

Nova Scotia

4,000

4,300

2,800

3,600

2,900

3,000

New Brunswick

3,600

5,000

3,900

3,900

3,600

3,000

Quebec

37,200

48,400

40,400

48,200

51,600

44,000

Ontario

57,600

82,600

53,000

58,300

56,300

66,100

Manitoba

4,200

5,800

4,200

5,900

3,400

6,400

Saskatchewan

3,600

4,900

6,100

5,700

4,500

4,700

Alberta

25,000

24,700

24,800

20,400

27,800

20,000

British Columbia

18,200

32,300

19,200

22,400

22,200

23,100

Canada

157,400

211,800

158,500

172,000

177,800

172,200

Source: CMHC Housing Now – December 2009 and December 2008.
This seasonally adjusted data goes through stages of revision at different times of the year.

 

Average MLS resale price for local markets

City

December 2008

December 2009

Halifax

$234,063

$246,380

Saint John

$156,923

$178,037

Quebec

$203,239

$231,235

Montreal

$267,050

$285,356

Ottawa

$272,672

$311,604

Toronto

$361,284

$411,931

Hamilton/Burlington

$240,073

$285,795

Winnipeg

$182,814

$209,963

Saskatoon

$266,411

$291,554

Calgary

$362,557

$394,300

Edmonton

$310,974

$319,201

Vancouver

$560,953

$627,582

Victoria

$444,222

$522,211

Source: Canadian Real Estate Association

                                                                       

Royal Lepage 2009 Q4 House Price Survey


Detached Bungalows

Market

Q4 2009
Average

Last Quarter
Average

Q4 2008
Average

Bungalow
% Change

Halifax

239,000

241,000

215,000

10.7%

Charlottetown

160,000

160,000

157,000

1.9%

Moncton

152,300

165,240

150,000

1.5%

Fredericton

182,000

180,000

162,000

12.3%

Saint John

228,000

177,980

225,064

1.3%

St. John's

217,167

215,000

190,050

14.3%

Montreal

248,157

240,045

237,855

4.3%

Ottawa

332,417

328,667

321,333

3.4%

Toronto

446,214

437,929

405,917

9.9%

Winnipeg

241,650

240,875

219,886

9.9%

Regina

273,000

273,000

274,167

-0.4%

Saskatoon

310,500

311,500

300,000

3.5%

Calgary

412,478

401,944

410,333

0.5%

Edmonton

299,286

308,571

301,429

-0.7%

Vancouver

828,750

802,500

743,750

11.4%

Victoria

474,000

465,000

440,000

7.7%

National

315,055

309,328

297,111

6.04%

 

Standard Two Storey 

Market

Q4 2009
Average

Last Quarter
Average

Q4 2008
Average

2 Storey
% Change

Halifax

265,333

265,333

260,667

1.8%

Charlottetown

195,000

190,000

188,000

3.7%

Moncton

131,000

137,000

126,000

4.0%

Fredericton

210,000

205,000

210,000

0.0%

Saint John

299,000

237,905

294,625

1.5%

St. John's

298,833

296,667

261,800

14.1%

Montreal

357,888

343,480

308,018

3.3%

Ottawa

331,917

327,833

320,083

3.7%

Toronto

554,175

561,725

544,842

3.5%

Winnipeg

275,500

265,938

250,529

10.0%

Regina

259,000

251,500

245,000

5.7%

Saskatoon

338,750

340,750

328,750

3.0%

Calgary

427,067

414,556

417,511

2.3%

Edmonton

340,557

327,429

344,636

-1.2%

Vancouver

917,500

904,750

837,500

9.6%

Victoria

449,000

449,000

433,000

3.7%

National

353,026

344,929

335,689

5.2%

 

Standard Condominium

Market

Q4 2009
Average

Last Quarter
Average

Q4 2008
Average

Condo %
Change

Halifax

167,000

196,500

159,500

4.7%

Charlottetown

122,000

120,000

120,000

1.7%

Moncton

 

 

 

 

Fredericton

145,000

145,000

133,000

9.0%

Saint John

160,000

136,876

158,283

1.1%

St. John's

230,333

230,000

203,000

13.5%

Montreal

220,625

213,278

186,706

5.0%

Ottawa

218,167

213,583

207,833

5.0%

Toronto

309,316

300,632

300,722

2.9%

Winnipeg

153,929

145,614

133,083

15.7%

Regina

185,000

185,000

172,917

7.0%

Saskatoon

197,500

210,000

186,500

5.9%

Calgary

256,056

249,500

257,189

-0.4%

Edmonton

213,380

213,250

206,854

3.2%

Vancouver

452,750

445,500

405,000

11.8%

Victoria

265,000

275,000

265,000

0.0%

National

205,756

204,358

193,474

6.35%

Source: Royal Lepage



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