CAAMP Stats

July 2010 Welcome to the July 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 MLS® Home Sale Prices 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* May 12, 2010 6.10 % June 16, 2010 5.99 % July 5, 2010 5.89 % Source: Bank of Canada *Determinant for high ratio mortgage variable qualifying rate Top of Page US Federal Reserve Board Discount Rate April 28, 2010 0.00 % - 0.25 % June 23, 2010 0.00 % - 0.25 % August 10, 2010 Next Meeting date Source: US Federal Reserve Top of Page Exchange Rate $CDN($US) May 31, 2010 0.9583 June 11, 2010 0.9673 June 30, 2010 0.9393 Source: Bank of Canada Top of Page Government of Canada Bonds Bond Type May 26, 2010 June 9, 2010 June 23, 2010 1 year Treasury Bill 1.02% 1.19% 1.17% 3 year Benchmark Bond Yield 2.00% 2.10% 1.99% 5 year Benchmark Bond Yield 2.55% 2.65% 2.53% 10 year Benchmark Bond Yield 3.25% 3.35% 3.23% Source: Bank of Canada Top of Page Total New Housing Starts (Seasonally adjusted and annualized) Province March 2010 March 2009 April 2010 April 2009 May 2010 May 2009 Newfoundland/Labrador 6,000 3,300 3,100 2,800 3,700 2,700 PEI 300 400 400 500 1,400 800 Nova Scotia 3,900 3,800 3,600 2,500 4,900 3,000 New Brunswick 3,700 3,400 3,600 4,200 4,900 4,000 Quebec 55,300 43,600 53,700 41,100 48,700 42,200 Ontario 63,200 62,600 64,700 36,300 64,600 43,800 Manitoba 3,800 3,500 3,400 3,100 4,400 3,300 Saskatchewan 4,000 2,100 4,200 2,900 4,300 4,900 Alberta 34,100 11,900 35,700 12,400 27,300 12,400 British Columbia 24,900 11,900 28,300 11,700 24,900 11,200 CANADA 199,200 146,500 200,700 117,600 189,100 128,400 Source: CMHC Housing Now - June 2010 and June 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 May 2009 May 2010 Halifax $248,209 $264,539 Saint John $188,500 $173,872 Quebec $212,241 $238,594 Montreal $273,390 $300,807 Ottawa $312,927 $334,360 Toronto $395,609 $446,593 Hamilton/Burlington $297,132 $315,647 Winnipeg $208,806 $237,697 Saskatoon $279,477 $294,516 Calgary $382,632 $417,978 Edmonton $326,332 $340,723 Vancouver $583,674 $661,745 Victoria $482,119 $515,126 Source: Canadian Real Estate Association Top of Page MLS® Home Sale Prices Year Canada BC AB MB/SK ON QC Atlantic 2007 $307,094 $439,119 $356,235 $171,609 $299,544 $207,530 $158,589 2008 $304,971 $454,599 $352,857 $205,036 $302,354 $215,307 $171,258 2009 $320,333 $465,725 $341,201 $216,012 $318,366 $225,412 $182,640 2010 YTD $342,327 $495,471 $353,397 $226,918 $349,101 $239,890 $196,121 Year Vancouver Calgary Toronto Montreal 2007 $570,795 $414,066 $377,029 $229,902 2008 $593,767 $405,267 $379,943 n/a 2009 $592,441 $385,882 $396,154 n/a Source: Scotia Economics, May 2010 Top of Page

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