Canadian Mortgages, Insurance, Investment, Tax Planning

CRA Media Room

Revenu Québec - Tax News

XE Forex News

Canadian Mortgage Broker news

Wednesday, June 2, 2010

CAAMP Stats

To view this email as a web page, go here.

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 RateHousing Affordability Index
Exchange Rate



Bank of Canada Interest Rate

April 20, 2010 0.25 %
June 1, 20100.50 %
July 20, 2010Next meeting date
Source: Bank of Canada


Top of Page



Bank Prime Lending Rate

April 21, 20102.25 %
June 2, 2010 2.50 %
July 21, 2010Next meeting date

Source: Bank of Canada


Top of Page



Conventional Mortgage - 5 Year Rate*

April 28, 20106.25 %
May 12, 20106.10 %
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, 20100.00 % - 0.25 %
April 28, 2010 0.00 % - 0.25 %
June 23, 2010Next Meeting date

Source: US Federal Reserve


Top of Page



Exchange Rate $CDN($US)

April 29, 20100.9946
May 14, 20100.9693
May 31, 2010 0.9583

Source: Bank of Canada


Top of Page



Government of Canada Bonds

Bond Type April 28, 2010May 12, 2010May 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)

ProvinceFebruary
2010
February
2009
March
2010
March
2009
April
2010
April
2009
Newfoundland/Labrador 5,3003,200 6,0003,300 3,1002,800
PEI300 500300 400400 500
Nova Scotia 6,3004,700 3,9003,800 3,6002,500
New Brunswick2,400 3,2003,700 3,4003,600 4,200
Quebec 47,30036,900 55,30043,600 53,70041,100
Ontario73,300 47,10063,200 62,600

64,700

36,300
Manitoba 5,4003,700 3,8003,500 3,4003,100
Saskatchewan5,000 2,3004,000 2,1004,200 2,900
Alberta 28,30012,600 34,10011,900 35,70012,400
British Columbia30,200 14,20024,900 11,90028,300 11,700
CANADA 203,800128,400 199,200146,500 200,700117,600

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 2009April 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

Chart 1 - June

Chart 2 - June
Source: RBC Quarterly Housing Affordability Study May 2010


Top of Page

This email was sent to: mortgage@danielkatev.com

This email was sent by: CAAMP
. ., . . .


We respect your right to privacy - view our policy

Manage Subscriptions | Update Profile | One-Click Unsubscribe