August 1, 2007 |
Welcome to the August issue of CAAMP Stats. For more information visit www.caamp.org |
| |
Bank of Canada Interest Rate |
|
May 29, 2007 |
4.25% | |
July 10, 2007 |
4.50% | |
September 5, 2007 |
Next meeting date |
|
Source: Bank of Canada |
Bank Prime Lending Rate |
|
May 30, 2007 |
6.00% | |
July 11, 2007 |
6.25% | |
September 6, 2007 |
Next meeting date |
|
Source: Bank of Canada |
US Federal Reserve Board Discount Rate | |
May 9, 2007 |
5.25% | |
June 28, 2007 |
5.25% | |
August 7, 2007 |
Next meeting date |
|
| |
Source: US Federal Reserve | |
Exchange Rate ($CDN/$US) |
|
Exchange Rate $CDN/$US | |
$CDN/$US |
June 28, 2007 |
0.9386 | |
$CDN/$US |
July 13, 2007 |
0.9537 | |
$CDN/$US |
July 30, 2007 |
0.9360 |
| |
Source:Bank of Canada |
|
|
Government of Canada Bonds |
|
Bond Type |
June 27, 2007 |
July 11, 2007 |
July 25, 2007 | |
1 Year Treasury Bill |
4.73% |
4.71% |
4.79% | |
3 Year Benchmark Bond Yield |
4.66% |
4.64% |
4.67% | |
5 Year Benchmark Bond Yield |
4.62% |
4.61% |
4.63% | |
10 Year Benchmark Bond Yield |
4.62% |
4.61% |
4.58% |
| |
Source: Bank of Canada |
|
|
Total New Housing Starts (Seasonable adjusted and annualized) |
|
Province |
April 2007 |
May 2007 |
June 2007 | |
Newfoundland/Labrador |
2,300 |
2,200 |
2,400 | |
PEI |
900 |
600 |
800 | |
Nova Scotia |
3,100 |
4,100 |
4,600 | |
New Brunswick |
4,000 |
4,300 |
3,900 | |
Quebec |
48,200 |
49,600 |
54,900 | |
Ontario |
63,100 |
75,800 |
62,000 | |
Manitoba |
4,100 |
7,500 |
5,100 | |
Saskatchewan |
5,600 |
6,200 |
7,500 | |
Alberta |
52,600 |
47,500 |
45,700 | |
British Columbia |
34,900 |
37,400 |
38,400 | |
CANADA |
218,800 |
235,200 |
225,300 |
| |
Source: CMHC Housing Now – July 2007 |
|
|
Average MLS resale price for local markets |
|
City |
June 2006 |
June 2007 | |
Halifax |
$201,316 |
$225,467 | |
Quebec City |
$153,315 |
$164,298 | |
Montreal |
$223,133 |
$235,087 | |
Ottawa |
$260,458 |
$279,361 | |
Toronto |
$358,035 |
$381,963 | |
Hamilton/Burlington |
$250,347 |
$269,676 | |
Saskatoon |
$160,548 |
$252,444 | |
Calgary |
$367,033 |
$427,205 | |
Edmonton |
$254,240 |
$350,357 | |
Vancouver |
$508,435 |
$564,702 | |
National |
$283,655 |
$315,332 |
| |
Source: Canadian Real Estate Association (CREA) |
|
|
|
