Debbie Belair AMP
Agent # M08005493, Mortgage Planner
613-769-3206
February 10...CAAMP Statistics
|
December 8, 2009 |
0.25% |
|
January 19, 2010 |
0.25%* |
|
March 2, 2010 |
Next meeting date |
Source: Bank of
*Bank of
Bank Prime Lending Rate
|
December 9, 2009 |
2.25% |
|
January 20, 2010 |
2.25% |
|
March 3, 2010 |
Next meeting date |
US Federal Reserve Board Discount Rate
|
December 15, 2009 |
0.00% – 0.25% |
|
January 27, 2010 |
0.00% – 0.25% |
|
March 16, 2010 |
Next meeting date |
Source: US Federal Reserve
|
December 24, 2009 |
.9525 |
|
January 15, 2010 |
.9714 |
|
January 27, 2010 |
.9392 |
Source: Bank of
|
Bond Type |
December 23, |
January 13, |
January 27, 2010 |
|
1 year Treasury Bill |
0.66% |
0.60% |
0.56% |
|
3 year Benchmark |
1.82% |
1.80% |
1.66% |
|
5 year Benchmark |
2.70% |
2.72% |
2.46% |
|
10 year Benchmark |
3.57% |
3.61% |
3.35% |
Source: Bank of
Total New Housing Starts (Seasonable adjusted and annualized)
|
Province |
October |
October |
November |
November |
December |
December |
|
Newfoundland/Labrador |
2,900 |
3,100 |
3,200 |
2,700 |
4,200 |
4,000 |
|
|
1,200 |
600 |
1,000 |
800 |
1,300 |
900 |
|
|
4,000 |
4,300 |
2,800 |
3,600 |
2,900 |
3,000 |
|
|
3,600 |
5,000 |
3,900 |
3,900 |
3,600 |
3,000 |
|
|
37,200 |
48,400 |
40,400 |
48,200 |
51,600 |
44,000 |
|
|
57,600 |
82,600 |
53,000 |
58,300 |
56,300 |
66,100 |
|
|
4,200 |
5,800 |
4,200 |
5,900 |
3,400 |
6,400 |
|
|
3,600 |
4,900 |
6,100 |
5,700 |
4,500 |
4,700 |
|
|
25,000 |
24,700 |
24,800 |
20,400 |
27,800 |
20,000 |
|
|
18,200 |
32,300 |
19,200 |
22,400 |
22,200 |
23,100 |
|
|
157,400 |
211,800 |
158,500 |
172,000 |
177,800 |
172,200 |
Source: CMHC Housing Now – December 2009 and December 2008.
This seasonally adjusted data goes through stages of revision at different times of the year.
Average MLS resale price for local markets
|
City |
December 2008 |
December 2009 |
|
|
$234,063 |
$246,380 |
|
|
$156,923 |
$178,037 |
|
|
$203,239 |
$231,235 |
|
|
$267,050 |
$285,356 |
|
|
$272,672 |
$311,604 |
|
|
$361,284 |
$411,931 |
|
Hamilton/Burlington |
$240,073 |
$285,795 |
|
|
$182,814 |
$209,963 |
|
|
$266,411 |
$291,554 |
|
|
$362,557 |
$394,300 |
|
|
$310,974 |
$319,201 |
|
|
$560,953 |
$627,582 |
|
|
$444,222 |
$522,211 |
Source: Canadian Real Estate Association
Royal Lepage 2009 Q4 House Price Survey
Detached Bungalows
|
Market |
Q4 2009 |
Last Quarter |
Q4 2008 |
Bungalow |
|
|
239,000 |
241,000 |
215,000 |
10.7% |
|
|
160,000 |
160,000 |
157,000 |
1.9% |
|
|
152,300 |
165,240 |
150,000 |
1.5% |
|
|
182,000 |
180,000 |
162,000 |
12.3% |
|
|
228,000 |
177,980 |
225,064 |
1.3% |
|
|
217,167 |
215,000 |
190,050 |
14.3% |
|
|
248,157 |
240,045 |
237,855 |
4.3% |
|
|
332,417 |
328,667 |
321,333 |
3.4% |
|
|
446,214 |
437,929 |
405,917 |
9.9% |
|
|
241,650 |
240,875 |
219,886 |
9.9% |
|
|
273,000 |
273,000 |
274,167 |
-0.4% |
|
|
310,500 |
311,500 |
300,000 |
3.5% |
|
|
412,478 |
401,944 |
410,333 |
0.5% |
|
|
299,286 |
308,571 |
301,429 |
-0.7% |
|
|
828,750 |
802,500 |
743,750 |
11.4% |
|
|
474,000 |
465,000 |
440,000 |
7.7% |
|
National |
315,055 |
309,328 |
297,111 |
6.04% |
Standard Two Storey
|
Market |
Q4 2009 |
Last Quarter |
Q4 2008 |
2 Storey |
|
|
265,333 |
265,333 |
260,667 |
1.8% |
|
|
195,000 |
190,000 |
188,000 |
3.7% |
|
|
131,000 |
137,000 |
126,000 |
4.0% |
|
|
210,000 |
205,000 |
210,000 |
0.0% |
|
|
299,000 |
237,905 |
294,625 |
1.5% |
|
|
298,833 |
296,667 |
261,800 |
14.1% |
|
|
357,888 |
343,480 |
308,018 |
3.3% |
|
|
331,917 |
327,833 |
320,083 |
3.7% |
|
|
554,175 |
561,725 |
544,842 |
3.5% |
|
|
275,500 |
265,938 |
250,529 |
10.0% |
|
|
259,000 |
251,500 |
245,000 |
5.7% |
|
|
338,750 |
340,750 |
328,750 |
3.0% |
|
|
427,067 |
414,556 |
417,511 |
2.3% |
|
|
340,557 |
327,429 |
344,636 |
-1.2% |
|
|
917,500 |
904,750 |
837,500 |
9.6% |
|
|
449,000 |
449,000 |
433,000 |
3.7% |
|
National |
353,026 |
344,929 |
335,689 |
5.2% |
Standard Condominium
|
Market |
Q4 2009 |
Last Quarter |
Q4 2008 |
Condo % |
|
|
167,000 |
196,500 |
159,500 |
4.7% |
|
|
122,000 |
120,000 |
120,000 |
1.7% |
|
|
|
|
|
|
|
|
145,000 |
145,000 |
133,000 |
9.0% |
|
|
160,000 |
136,876 |
158,283 |
1.1% |
|
|
230,333 |
230,000 |
203,000 |
13.5% |
|
|
220,625 |
213,278 |
186,706 |
5.0% |
|
|
218,167 |
213,583 |
207,833 |
5.0% |
|
|
309,316 |
300,632 |
300,722 |
2.9% |
|
|
153,929 |
145,614 |
133,083 |
15.7% |
|
|
185,000 |
185,000 |
172,917 |
7.0% |
|
|
197,500 |
210,000 |
186,500 |
5.9% |
|
|
256,056 |
249,500 |
257,189 |
-0.4% |
|
|
213,380 |
213,250 |
206,854 |
3.2% |
|
|
452,750 |
445,500 |
405,000 |
11.8% |
|
|
265,000 |
275,000 |
265,000 |
0.0% |
|
National |
205,756 |
204,358 |
193,474 |
6.35% |
Source: Royal Lepage
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