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Wednesday, September 5, 2012

CAAMP Stats September 2012

CAAMP Header Stats

Welcome to the September issue of CAAMP Stats. For more information on CAAMP please visit www.caamp.org

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Bank of Canada Interest Rate
July 17, 20121.00 %
September 5, 20121.00 %
October 23, 2012Next meeting date
Source: Bank of Canada
Top of Page


Bank Prime Lending Rate
July 18, 20123.00 %
September 6, 20123.00 %
October 24, 2012Next meeting date
Source: Bank of CanadaTop of Page


Conventional Mortgage - 5 Year Rate* 
June 6, 20125.24 %
July 25, 20125.24 %
August 15, 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 31, 20120.9971
August 15, 20121.011
August 31, 20121.010
Source: Bank of CanadaTop of Page


Government of Canada Bonds
Bond TypeJuly 25, 2012August 15, 2012August 29, 2012
1 year Treasury Bill0.97%1.17%1.14%
3 year Benchmark
Bond Yield
1.00%1.29%1.23%
5 year Benchmark
Bond Yield
1.16%1.51%1.38%
10 year Benchmark
Bond Yield
1.60%1.95%1.80%
Source: Bank of CanadaTop of Page


Total New Housing Starts (Seasonally adjusted and annualized)
Province
May
2012
May
2011
June
2012
June
2011
July
2012
July
2011
Newfoundland/Labrador
3,700
3,700
3,800
5,800
4,300
4,100
PEI
700
900
1,300
800
1,200
1,200
Nova Scotia
4,200
4,400
4,100
4,000
2,800
5,700
New Brunswick
4,200
3,400
4,600
4,500
3,700
6,000
Quebec
42,900
50,500
49,100
48,200
50,600
45,600
Ontario
79,300
53,000
72,900
75,800
74,500
75,200
Manitoba
12,400
6,300
5,100
5,400
6,400
7,400
Saskatchewan
7,000
5,200
10,900
8,700
7,500
5,600
Alberta
33,600
24,300
33,900
24,100
31,500
24,300
British Columbia
28,200
31,900
36,400
23,500
26,000
30,000
CANADA
216,200
183,600
222,100
200,800
208,500
205,100
Source: CMHC Housing Now - August 2011 and August 2012. This seasonally adjusted data goes through stages of revision at different times of the year.


Average MLS® Resale Price for Local Markets 
City
July 2011
July 2012
Halifax
$ 262,723
$ 268,872
Saint John
$ 158,448
$ 177,955
Quebec
$ 240,422
$ 266,552
Montreal
$ 316,936
$ 331,577
Ottawa
$ 342,925
$ 340,352
Toronto
$ 459,122
$ 476,947
Hamilton/Burlington
$ 349,235
$ 345,807
Winnipeg
$ 238,258
$ 249,175
Saskatoon
$ 299,097
$ 323,165
Regina
$ 272,548
$ 297,708
Calgary
$ 397,613
$ 409,670
Edmonton
$ 334,444
$ 337,304
Vancouver
$ 761,673
$ 667,462
Victoria
$ 467,052
$ 475,768
Source: Canadian Real Estate Association

August Caamp stas 2