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Friday, June 18, 2010

CAAMP Stats

CAAMP Stats

Bank of Canada Interest Rate

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


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Bank Prime Lending Rate

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

Source: Bank of Canada


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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



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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


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Exchange Rate $CDN($US)

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

Source: Bank of Canada


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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


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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.


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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


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Housing Affordability Index

Chart 1 - June

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

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