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Saturday, January 7, 2012

January issue of CAAMP Stats

CAAMP Header Stats
January 2012

Happy New Year. Welcome to the January issue of CAAMP Stats. For more information on CAAMP please visit www.caamp.org.

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Bank of Canada Interest Rate
October 25, 2011 1.00 %
December 6, 2011 1.00 %
January 17, 2012 Next meeting date
Source: Bank of Canada
Top of Page



Bank Prime Lending Rate
October 26, 2011 3.00 %
December 7, 2011 3.00 %
January 18, 2012 Next meeting date
Source: Bank of Canada
Top of Page


Conventional Mortgage - 5 Year Rate*
October 12, 2011 5.29 %
November 16, 2011 5.29 %
December 21, 2011 5.29 %
Source: Bank of Canada
*Determinant for high ratio mortgage variable qualifying rate
Top of Page


US Federal Reserve Board Discount Rate
November 2, 2011 0.00 % - 0.25 %
December 13, 2011 0.00 % - 0.25 %
January 25, 2012 Next meeting date
Source: US Federal Reserve
*US Federal Reserve has indicated it will keep this rate until Q2 2013
Top of Page


Exchange Rate $CDN($US)
December 1, 2011 0.9859
December 14, 2011 0.9619
December 30, 2011 0.9833
Source: Bank of CanadaTop of Page


Government of Canada Bonds
Bond Type November 16, 2011 November 30, 2011 December 14, 2011
1 year Treasury Bill 0.87% 0.92% 0.86%
3 year Benchmark
Bond Yield
1.02% 1.10% 0.93%
5 year Benchmark
Bond Yield
1.36% 1.46% 1.25%
10 year Benchmark
Bond Yield
2.09% 2.15% 1.95%
Source: Bank of CanadaTop of Page


Total New Housing Starts (Seasonally adjusted and annualized)
Province
September
2011
September2010
October 2011
October
2010
November
2011
November
2010
Newfoundland/Labrador
3,400
3,200
3,300
3,400
3,700
3,100
PEI
1,300
600
900
400
1,300
1,000
Nova Scotia
6,000
4,200
3,300
4,700
2,600
3,100
New Brunswick
4,900
2,600
3,900
4,900
3,400
3,400
Quebec
59,700
52,300
44,200
48,600
43,500
42,000
Ontario
65,600
57,900
74,800
44,700
52,800
80,300
Manitoba
4,500
4,400
7,600
3,800
7,100
4,700
Saskatchewan
9,100
5,500
8,400
4,700
7,400
7,200
Alberta
24,300
27,800
32,000
25,200
28,700
21,100
British Columbia
29,700
29,900
30,400
27,500
28,700
22,200
CANADA
208,500
188,400
208,800
167,900
181,200
188,100
Source: CMHC Housing Now - December 2011 and December 2010. This seasonally adjusted data goes through stages of revision at different times of the year.


Average MLS® Resale Price for Local Markets
City
November 2010
November 2011
Halifax
$ 252,554
$ 262,714
Saint John
$ 170,610
$ 159,101
Quebec
$ 244,587
$ 250,888
Montreal
$ 305,042
$ 322,808
Ottawa
$ 325,150
$ 347,675
Toronto
$ 437,999
$ 480,421
Hamilton/Burlington
$ 310,492
$ 342,005
Winnipeg
$ 226,886
$ 236,127
Saskatoon
$ 312,893
$ 314,541
Regina
$ 265,590
$ 273,243
Calgary
$ 398,619
$ 398,722
Edmonton
$ 318,538
$ 319,559
Vancouver
$ 699,009
$ 728,118
Victoria
$ 511,648
$ 499,676
Source: Canadian Real Estate Association

Annual Provincial House Prices and Increases
Average Home Price - Thousands
Average Home Price - Per Cent Change