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Thursday, March 4, 2010

CAAMP Stats

CAAMP Stats

Bank of Canada Interest Rate

January 19, 2010 0.25%
March 2, 2010 0.25%*
April 20, 2010 Next meeting date

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

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Bank Prime Lending Rate

January 20, 2010 2.25%
March 3, 2010 2.25%
April 21, 2010 Next meeting date

Source: Bank of Canada

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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

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Exchange Rate $CDN($US)

January 27, 2010 0.9392
February 10, 2010 0.9407
February 26, 2010 0.9501

Source: Bank of Canada

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Government of Canada Bonds

Bond Type January 27,
2009
February 10,
2010
February 24, 2010
1 year Treasury Bill 0.56% 0.56% 0.62%
3 year Benchmark
Bond Yield
1.66% 1.65% 1.65%
5 year Benchmark
Bond Yield
2.46% 2.51% 2.54%
10 year Benchmark
Bond Yield
3.35% 3.43% 3.45%

Source: Bank of Canada

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Total New Housing Starts (Seasonable adjusted and annualized)

Province

November
2009

November
2008

December
2009

December
2008

January
2010

January
2009

Newfoundland/Labrador

3,300

2,700

3,800

4,000

3,600

3,600

PEI

1,100

800

1,000

900

700

600

Nova Scotia

2,800

3,600

3,000

3,000

2,700

2,800

New Brunswick

3,600

3,900

3,200

3,000

5,200

3,800

Quebec

46,500

48,200

52,100

44,000

55,400

45,300

Ontario

55,800

58,300

54,500

66,100

55,500

54,700

Manitoba

4,300

5,900

3,300

6,400

5,100

3,600

Saskatchewan

7,600

5,700

4,300

4,700

6,300

3,800

Alberta

30,200

20,400

27,300

20,000

23,600

17,200

British Columbia

20,400

22,400

23,000

23,100

27,500

18,100

Canada

175,600

172,000

175,500

172,200

185,600

153,500

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

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Average MLS resale price for local markets

City January 2009 January 2010
Halifax $242,861 $241,968
Saint John $155,520 $163,824
Quebec $202,977 $229,875
Montreal $256,432 $283,890
Ottawa $290,930 $323,762
Toronto $343,632 $409,058
Hamilton/Burlington $264,549 $288,397
Winnipeg $177,718 $206,454
Saskatoon $278,545 $270,191
Calgary $362,143 $382,009
Edmonton $317,049 $314,783
Vancouver $536,162 $637,637
Victoria $431,312 $509,514

Source: Canadian Real Estate Association

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Source: TD Economics February 2010