|
July 09...CAAMP Statistics
| Bank of Canada Interest Rate |
| April 21, 2009 |
0.25%* |
| June 4, 2009 |
0.25% |
| July 21, 2009 |
Next meeting date |
|
|
Source: Bank of Canada |
| * Bank of Canada indicated it would keep interest rate at this level until June 2010 |
| Bank Prime Lending Rate |
| April 22, 2009 |
2.25% |
| June 5, 2009 |
2.25% |
| July 22, 2009 |
Next meeting date | |
Source: Bank of Canada |
|
|
US Federal Reserve Board Discount Rate |
| Arpil 29, 2009 |
0.00-0.25% |
| June 24, 2009 |
0.00-0.25% |
| August 11, 2009 |
Next meeting date |
|
| |
| Source: US Federal Reserve |
| Exchange Rate ($CDN/$US) |
| Exchange Rate ($CDN/$US) |
| $CDN/$US |
May 28, 2009 |
0.8970 |
| $CDN/$US |
June 12, 2009 |
0.8948 |
| $CDN/$US |
June 26, 2009 |
0.8664 | |
| Source:Bank of Canada | |
| Government of Canada Bonds |
| Bond Type |
May 27, 2009 |
June 10, 2009 |
June 24, 2009 |
| 1 Year Treasury Bill |
0.49% |
0.61% |
0.55% |
| 3 Year Benchmark Bond Yield |
1.84% |
2.07% |
1.89% |
| 5 Year Benchmark Bond Yield |
2.57% |
2.82% |
2.57% |
| 10 Year Benchmark Bond Yield |
3.57% |
3.04% |
3.45% | |
| Source: Bank of Canada |
| Total New Housing Starts (Seasonable adjusted and annualized) |
| Province |
March
2009 |
March
2008 |
April
2009 |
April
2008 |
May
2009 |
May
2008 |
| Newfoundland/Labrador |
3,300 |
3,400 |
2,800 |
1,900 |
2,700 |
2,900 |
| PEI |
400 |
500 |
500 |
800 |
800 |
700 |
| Nova Scotia |
3,800 |
10,300 |
2,500 |
4,700 |
3,000 |
3,800 |
| New Brunswick |
3,400 |
4,300 |
4,200 |
3,800 |
4,000 |
5,100 |
| Quebec |
43,600 |
45,700 |
41,100 |
43,800 |
42,200 |
50,300 |
| Ontario |
62,600 |
80,000 |
36,300 |
76,700 |
43,800 |
71,200 |
| Manitoba |
3,500 |
4,700 |
3,100 |
6,000 |
3,300 |
7,200 |
| Saskatchewan |
2,100 |
6,700 |
2,900 |
5,200 |
4,900 |
6,500 |
| Alberta |
11,900 |
55,100 |
12,400 |
33,600 |
12,400 |
35,500 |
| British Columbia |
11,900 |
32,300 |
11,700 |
37,500 |
11,200 |
38,000 |
| CANADA |
146,500 |
243,000 |
117,600 |
213,900 |
128,400 |
221,300 | |
| Source: CMHC Housing Now – June 2009 and June 2008. This seasonally adjusted data goes through stages of revision at different times of the year. | |
| Average MLS resale price for local markets |
| City |
May 2008 |
May 2009 |
| Halifax |
$243,692 |
$248,209 |
| Saint John |
$168,158 |
$188,500 |
| Montreal |
$263,594 |
$271,386 | <
| Ottawa |
$296,580 |
$312,927 |
| Toronto |
$398,148 |
$395,609 |
| Hamilton/Burlington |
$293,927 |
$297,132 |
| Winnipeg |
$210,901 |
$208,806 |
| Saskatoon |
$301,527 |
$279,477 |
| Calgary |
$414,881 |
$382,632 |
| Edmonton |
$340,499 |
$326,332 |
| Vancouver |
$624,639 |
$583,676 |
| Victoria |
$514,100 |
$482,119 | |
| Source: Canadian Real Estate Association | |
| 2009 Recreational Property Price Summary – Average Price Range by Province |
|
Standard Waterfront, Land Access Cottage (1,000 sq feet, 3 bedrooms, 100 foot lot) |
| Province |
Average Price Range 2009 |
| Prince Edward Island |
$100,000 - $500,000 |
| Nova Scotia |
$60,000 - $470,000 |
| Newfoundland |
$80,000 |
| New Brunswick |
$90,000 - $110,000 |
| Quebec |
$400,000 - $500,000 |
| Ontario |
$430,000 - $750,000 |
| Manitoba |
$250,000 - $360,000 |
| Saskatchewan |
$300,000 |
| Alberta |
$400,000 - $460,000 |
| British Columbia |
$530,000 - $880,000 |
| National Average |
$370,000 - $600,000 | |
| Source: Royal LePage, June 2009 | |
 Return to News Articles
|
