CAAMP Stats

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June 2010 Welcome to the June issue of CAAMP Stats. To find out more about CAAMP, visit www.caamp.org Jump to a Section Bank of Canada Interest Rate Government of Canada Bonds Bank Prime Lending Rate Total New Housing Starts Conventional Mortgage - 5 Year Rate Average MLS Resale Price for Local Markets US Federal Reserve Board Discount Rate Housing Affordability Index Exchange Rate Bank of Canada Interest Rate April 20, 2010 0.25 % June 1, 2010 0.50 % July 20, 2010 Next meeting date Source: Bank of Canada Top of Page Bank Prime Lending Rate April 21, 2010 2.25 % June 2, 2010 2.50 % July 21, 2010 Next meeting date Source: Bank of Canada Top of Page Conventional Mortgage - 5 Year Rate* April 28, 2010 6.25 % May 12, 2010 6.10 % May 26, 2010 5.99 % Source: Bank of Canada *Determinant for high ratio mortgage variable qualifying rate Top of Page US Federal Reserve Board Discount Rate March 16, 2010 0.00 % - 0.25 % April 28, 2010 0.00 % - 0.25 % June 23, 2010 Next Meeting date Source: US Federal Reserve Top of Page Exchange Rate $CDN($US) April 29, 2010 0.9946 May 14, 2010 0.9693 May 31, 2010 0.9583 Source: Bank of Canada Top of Page Government of Canada Bonds Bond Type April 28, 2010 May 12, 2010 May 26, 2010 1 year Treasury Bill 1.29% 1.26% 1.02% 3 year Benchmark Bond Yield 2.49% 2.38% 2.00% 5 year Benchmark Bond Yield 3.09% 2.96% 2.55% 10 year Benchmark Bond Yield 3.66% 3.59% 3.25% Source: Bank of Canada Top of Page Total New Housing Starts (Seasonally adjusted and annualized) Province February 2010 February 2009 March 2010 March 2009 April 2010 April 2009 Newfoundland/Labrador 5,300 3,200 6,000 3,300 3,100 2,800 PEI 300 500 300 400 400 500 Nova Scotia 6,300 4,700 3,900 3,800 3,600 2,500 New Brunswick 2,400 3,200 3,700 3,400 3,600 4,200 Quebec 47,300 36,900 55,300 43,600 53,700 41,100 Ontario 73,300 47,100 63,200 62,600 64,700 36,300 Manitoba 5,400 3,700 3,800 3,500 3,400 3,100 Saskatchewan 5,000 2,300 4,000 2,100 4,200 2,900 Alberta 28,300 12,600 34,100 11,900 35,700 12,400 British Columbia 30,200 14,200 24,900 11,900 28,300 11,700 CANADA 203,800 128,400 199,200 146,500 200,700 117,600 Source: CMHC Housing Now - May 2010 and May 2009. This seasonally adjusted data goes through stages of revision at different times of the the year. Top of Page Average MLS Resale Price for Local Markets City April 2009 April 2010 Halifax $245,412 $247,168 Saint John $166,172 $166,836 Quebec $206,739 $232,188 Montreal $267,236 $293,393 Ottawa $298,593 $333,854 Toronto $385,641 $437,566 Hamilton/Burlington $286,191 $317,909 Winnipeg $212,541 $236,574 Saskatoon $276,455 $299,214 Calgary $371,995 $395,847 Edmonton $312,127 $339,172 Vancouver $565,003 $673,579 Victoria $455,143 $518,536 Source: Canadian Real Estate Association Top of Page Housing Affordability Index Source: RBC Quarterly Housing Affordability Study May 2010 Top of Page

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