Bank of Canada Interest Rate

October 19, 2010 1.00%
December 7, 2010 1.00%
January 18, 2011 Next meeting date

Source: Bank of Canada

Bank Prime Lending Rate

October 20, 2010 3.00%
December 8, 2010 3.00%
January 19, 2011 Next meeting date

Source: Bank of Canada

Conventional Mortgage – 5 Year Rate*

November 24, 2010 5.44%
December 1, 2010 5.19%
December 29, 2010 5.19%

Source: Bank of Canada
*Determinent for high ratio mortgage variable qualifying rate

US Federal Reserve Board Discount Rate

November 3, 2010 0.00% – 0.25%
December 14, 2010 0.00% – 0.25%
January 26, 2011 Next meeting date

Source: US Federal Reserve

Exchange  Rate  $CDN($US)

November 26, 2010                  .9804   $CDN($US)
December 15, 2010                 .9960   $CDN ($US)
December 31, 2010               100.54   $CDN ($US)

Source: Bank of Canada

Government of Canada Bonds

Bond Type November 24, 2010 December 8, 2010 December 22, 2010
1 year Treasury Bill 1.39% 1.34% 1.36%
3 year Benchmark Bond Yield 1.94% 1.90% 1.87%
5 year Benchmark Bond Yield 2.48% 2.49% 2.42%
10 year Benchmark Bond Yield 3.19% 3.25% 3.17%

Source: Bank of Canada

Total New Housing Starts (Seasonally adjusted and annualized)

Province September 2010 September 2009 October 2010 October 2009 November 2010 November 2009
Newfoundland/Labrador 3,100 2,800 3,400 2,900 3,100 3,200
PEI 500 700 400 1,200 1,000 1,000
Nova Scotia 4,100 4,500 4,600 4,000 3,100 2,800
New Brunswick 2,400 2,900 4,900 3,600 3,400 3,900
Quebec 50,100 41,300 47,900 37,200 42,000 40,400
Ontario 58,200 50,200 45,200 57,600 80,300 53,000
Manitoba 4,000 4,400 3,800 4,200 4,700 4,200
Saskatchewan 5,300 3,700 4,700 3,600 7,200 6,100
Alberta 27,200 22,600 25,300 25,000 21,100 24,800
British Columbia 29,700 16,200 27,500 18,200 22,200 19,200
CANADA 184,600 149,300 167,700 157,400 188,100 158,500

Source: CMHC Housing Now – December 2010 and December 2009.  This seasonally adjusted data goes through stages of revision at different times of the year.

Average MLS resale price for local markets

City November 2009 November 2010
Halifax $239,514 $252,554
Saint John, NB $178,484 $170,610
Quebec $217,571 $244,209
Montreal $284,516 $305,258
Ottawa $314,071 $325,150
Toronto $418,502 $437,999
Hamilton/Burlington $310,377 $310,492
Winnipeg $202,128 $226,886
Saskatoon $278,885 $312,893
Calgary $401,201 $398,619
Edmonton $318,482 $318,538
Vancouver $622,564 $699,009
Victoria $490,892 $511,648

Source: Canadain Real Estate Association

MLSHomeSales
MLSHomeSales

Data provided by_CAAMP

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