Dec 02, 2009 New Real-Estate Stats

Posted by Richard Moxley on December 2, 2009 · Leave a Comment

Bank of Canada Interest Rate

September 10, 2009	0.25%
October 20, 2009	0.25%*
December 8, 2009	Next meeting date

Source: Bank of Canada
*Bank of Canada statement included reference to hold rate to end of second quarter 2010

Bank Prime Lending Rate

September 11, 2009	2.25%
October 21, 2009	2.25%
December 9, 2009	Next meeting date

Source: Bank of Canada

US Federal Reserve Board Discount Rate

September 22, 2009	0.00% – 0.25%
November 4, 2009	0.00% – 0.25%
December 15, 2009	Next meeting date

Source: US Federal Reserve

Exchange Rate $CDN($US)

October 30, 2009	.9243
November 13, 2009	.9519
November 27, 2009	.9421

Source: Bank of Canada

Government of Canada Bonds

Bond Type	October 28, 2009	November 12, 2009	November 25, 2009
1 year Treasury Bill	0.60%	0.54%	0.48%
3 year Benchmark Bond Yield	1.90%	1.87%	1.62%
5 year Benchmark Bond Yield	2.70%	2.70%	2.41%
10 year Benchmark Bond Yield	3.45%	3.51%	3.25%

Source: Bank of Canada

Total New Housing Starts (Seasonable adjusted and annualized)

Province	August 2009	August 2008	September 2009	September 2008	October 2009	October 2008
Newfoundland/Labrador	2,400	3,100	2,800	3,200	2,900	3,100
PEI	1,000	700	700	500	1,200	600
Nova Scotia	4,200	3,300	4,500	4,400	4,000	4,300
New Brunswick	3,700	3,800	2,900	4,500	3,600	5,000
Quebec	47,300	43,300	41,300	70,100	37,200	48,400
Ontario	44,200	89,800	50,200	84,200	57,600	82,600
Manitoba	5,000	5,400	4,400	5,600	4,200	5,800
Saskatchewan	5,100	5,300	3,700	6,400	3,600	4,900
Alberta	18,400	22,900	22,600	57,300	25,000	24,700
British Columbia	19,200	33,500	16,200	43,900	18,200	32,300
Canada	150,500	211,100	149,300	281,300	157,400	211,800

Source: CMHC Housing Now – November 2009 and November 2008.
This seasonally adjusted data goes through stages of revision at different times of the year.

Average MLS resale price for local markets

City	October 2008	October 2009
Halifax	$224,607	$235,465
Saint John, NB	$151,709	$178,632
Quebec	$198,357	$219,719
Montreal	$257,242	$284,024
Ottawa	$280,870	$320,561
Toronto	$353,018	$403,507
Hamilton/Burlington	$254,004	$296,253
Winnipeg	$190,374	$210,618
Saskatoon	$285,310	$274,759
Calgary	$388,565	$399,679
Edmonton	$317,744	$318,969
Vancouver	$556,682	$638,948
Victoria	$469,243	$481,500

Source: Canadian Real Estate Association

Housing Affordability Index

Standard Two-Storey

	Average Price		Qualifying Income($)	Affordability Measure
Region	Q3 2009 ($)	Y/Y % ch.	Q3 2009	Q3 2009 (%)	Q/Q Ppt. ch.	Y/Y Ppt. ch.	Avg. since ‘85 (%)
Canada	344,100	-0.3	79,100	45.8	1.2	-5.8	43.3
British Columbia	557,400	-1.2	113,600	67.6	2.9	-8.5	53.7
Alberta	368,200	-4.9	82,200	37.9	1.3	-7.5	38.5
Saskatchewan	305,500	-0.8	73,200	44.0	1.0	-4.6	37.6
Manitoba	244,900	3.5	61,300	37.5	0.3	-3.4	37.5
Ontario	362,100	-0.3	85,300	45.2	1.0	-5.8	44.0
Quebec	240,100	2.8	59,000	40.4	1.2	-3.7	39.0
Atlantic	210,000	1.3	55,000	35.9	0.4	-4.7	38.7
Toronto	522,600	0.2	115,300	57.8	1.9	-7.5	53.7
Montreal	305,800	0.7	71,300	47.4	0.8	-5.5	41.3
Vancouver	678,900	-1.9	135,500	74.2	4.3	-10.2	61.7
Ottawa	320,800	1.0	81,000	40.5	0.4	-4.4	39.5
Calgary	414,600	-4.7	88,100	38.5	2.0	-8.1	40.0
Edmonton	365,300	-2.6	83,100	38.9	0.9	-6.7	36.8

Standard Condominium

	Average Price		Qualifying Income($)	Affordability Measure
Region	Q3 2009 ($)	Y/Y % ch.	Q3 2009	Q3 2009 (%)	Q/Q Ppt. ch.	Y/Y Ppt. ch.	Avg. since ‘85 (%)
Canada	205,700	-1.0	47,600	27.6	0.5	-3.6	26.9
British Columbia	275,600	-0.3	57,100	34.0	1.2	-3.9	28.0
Alberta	219,300	-7.9	48,700	22.4	0.5	-5.2	22.1
Saskatchewan	186,200	-8.7	44,600	26.8	0.8	-4.7	24.1
Manitoba	130,100	4.8	33,400	20.5	0.3	-1.6	20.9
Ontario	217,200	-0.9	51,800	27.4	0.5	-3.6	27.9
Quebec	170,300	1.2	40,700	27.8	0.1	-3.0	27.0
Atlantic	149,800	4.8	37,700	24.6	0.3	-2.5	24.7
Toronto	292,700	-1.5	65,400	32.8	1.0	-4.7	31.2
Montreal	204,500	3.9	47,100	31.3	0.9	-2.8	29.0
Vancouver	351,500	0.4	70,600	38.7	1.7	-4.4	31.4
Ottawa	209,000	1.3	51,600	25.8	0.3	-2.8	23.6
Calgary	249,500	-7.3	52,700	23.0	0.3	-5.5	22.8
Edmonton	206,000	-6.8	46,800	21.9	0.5	-4.7	18.1

Filed under General Mortgage Info · Tagged with alberta real-estate, CAAMP, Calgary real-estate, edmonton real-estate

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Dec 02, 2009 New Real-Estate Stats

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