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Thursday, August 9, 2012

CAAMP Stats August 2012

CAAMP Header Stats


Bank of Canada Interest Rate
June 5, 20121.00 %
July 17, 20121.00 %
September 5, 2012Next meeting date
Source: Bank of Canada
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Bank Prime Lending Rate
June 6, 20123.00 %
July 18, 20123.00 %
September 6, 2012Next meeting date
Source: Bank of CanadaTop of Page


Conventional Mortgage - 5 Year Rate* 
May 30, 20125.34 %
June 6, 20125.24 %
July 25, 20125.24 %
Source: Bank of Canada
*Determinant for high ratio mortgage variable qualifying rate
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US Federal Reserve Board Discount Rate*
June 20, 20120.00 % - 0.25 %
July 31, 20120.00 % - 0.25 %
September 12, 2012Next meeting date
Source: US Federal Reserve
*US Federal Reserve has indicated it will keep this rate until Q4 2014
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Exchange Rate $CDN($US)
July 3, 20120.9877
July 18, 20120.9894
July 31, 20120.9971
Source: Bank of CanadaTop of Page


Government of Canada Bonds
Bond TypeJune 27, 2012July 11, 2012July 25, 2012
1 year Treasury Bill0.96%0.99%0.97%
3 year Benchmark
Bond Yield
1.04%1.04%1.00%
5 year Benchmark
Bond Yield
1.21%1.20%1.16%
10 year Benchmark
Bond Yield
1.72%1.67%1.60%
Source: Bank of CanadaTop of Page


Total New Housing Starts (Seasonally adjusted and annualized)
Province
April
2012
April
2011
May
2012
May
2011
June
2012
June
2011
Newfoundland/Labrador
4,600
2,300
4,500
3,700
4,700
5,800
PEI
1,200
700
700
900
1,300
800
Nova Scotia
3,200
3,900
4,400
4,400
4,100
4,000
New Brunswick
2,500
2,500
4,700
3,400
5,400
4,500
Quebec
62,600
45,100
42,000
50,500
48,100
48,200
Ontario
98,400
67,600
80,300
53,000
73,300
75,800
Manitoba
5,100
4,800
12,200
6,300
5,000
5,400
Saskatchewan
11,100
5,900
6,900
5,200
10,800
8,700
Alberta
39,400
21,400
33,400
24,300
33,500
24,100
British Columbia
23,900
24,500
28,300
31,900
36,500
23,500
CANADA
252,000
178,700
217,400
183,600
222,700
200,800
Source: CMHC Housing Now - July 2011 and July 2012. This seasonally adjusted data goes through stages of revision at different times of the year.


Average MLS® Resale Price for Local Markets 
City
June 2011
June 2012
Halifax
$ 269,605
$ 272,495
Saint John
$ 168,830
$ 163,468
Quebec
$ 245,158
$ 263,740
Montreal
$ 323,926
$ 336,054
Ottawa
$ 354,524
$ 354,690
Toronto
$ 476,386
$ 508,622
Hamilton/Burlington
$ 339,828
$ 363,162
Winnipeg
$ 243,977
$ 257,095
Saskatoon
$ 299,572
$ 287,355
Regina
$ 285,613
$ 312,241
Calgary
$ 412,016
$ 422,139
Edmonton
$ 328,695
$ 340,391
Vancouver
$ 808,867
$ 701,141
Victoria
$ 507,385
$ 486,611
Source: Canadian Real Estate Association
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Quarterly Housing Price Index


Standard Two-Storey
Market
Q2 2012 Average
Last Quarter Avg
Q2 2011 Average
2 Storey % Change
Halifax
317,167
306,667
301,667
5.1%
Charlottetown
203,000
200,000
197,000
3.0%
Moncton
138,000
134,800
137,500
0.4%
Fredericton
215,000
208,000
208,000
3.4%
Saint John
279,770
293,250
299,750
-6.7%
St. John's
368,025
350,500
336,667
9.3%
Montreal
384,804
387,429
379,529
1.4%
Ottawa
392,000
387,833
371,500
5.5%
Toronto
668,829
645,467
623,202
7.3%
Winnipeg
321,875
309,250
307,375
4.7%
Regina
347,500
299,000
325,000
6.9%
Saskatoon
379,500
372,250
353,750
7.3%
Calgary
425,456
418,233
415,200
2.5%
Edmonton
353,764
354,714
349,286
1.3%
Vancouver
1,178,750
1,182,250
1,114,500
5.8%
Victoria
461,000
459,000
477,000
-3.4%
National
408,423
398,282
390,163
4.7%
Detached Bungalows
Market
Q2 2012 Average
Last Quarter Avg
Q2 2011 Average
Bungalow % Change
Halifax
285,833
273,333
266,333
7.3%
Charlottetown
172,000
170,000
165,000
4.2%
Moncton
144,000
145,700
157,500
-8.6%
Fredericton
205,000
205,000
201,000
2.0%
Saint John
175,037
191,000
179,950
-2.7%
St. John's
275,625
262,500
245,333
12.3%
Montreal
281,161
286,000
279,714
0.5%
Ottawa
388,917
385,667
370,750
4.9%
Toronto
560,187
544,450
517,100
8.3%
Winnipeg
304,250
283,375
281,125
8.2%
Regina
320,500
316,500
313,000
2.4%
Saskatoon
351,125
338,750
331,250
6.0%
Calgary
432,322
422,989
411,711
5.0%
Edmonton
327,857
324,143
312,000
5.1%
Vancouver
1,087,125
1,068,500
1,025,250
6.0%
Victoria
460,000
470,000
475,000
-3.2%
National
379,311
356,306
356,625
5.5%
Source: Royal LePage, July 2012