August 2011: Monthly Indicator Recap

September 20, 2011 | Monthly Indicator Recaps, News Releases
Presented below are figures for the month ending August 31, 2011.
(Download to print PDF)

HOUSING INDICATORS*	DIRECTION	% CHANGE (vs. last month)	AUGUST LEVELS
Volume of MLS® Home Listings		-0.60%	71,985
Volume of MLS® Home Sales		-0.84%	37,177
Average MLS® Sale Price (Canada)		0.06%	$362,652
ECONOMIC INDICATORS**	DIRECTION	% CHANGE (vs. last month)	RATES
Unemployment Rate (August 2011)		0.10%	7.30%
GDP (June 2011)		0.20%	N/A
Retail Sales (June 2011)		0.70%	N/A
Consumer Price Index (July 2011)		2.70% (Year‐o‐year, July)	N/A
FINANCIAL INDICATORS	DIRECTION	% CHANGE (vs. last month)	RATES
Prime Rate**		0.00%	3.00%
5 Year Fixed Posted Mortgage Rate***		0.00%	5.39%

MLS® is a registered certification mark owned by The Canadian Real Estate Association.
*Seasonally adjusted month-to-month results; Source: The Canadian Real Estate Association
** Source: Statistics Canada
*** Source: RBC