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March 2013 Canada Mortgage Stats

18 March 2013

Bank of Canada Interest Rate

 

January 23, 2013 1.00 %
March 6, 2013 1.00 %
April 17, 2013 Next meeting date

Source: Bank of Canada




Bank Prime Lending Rate
January 24, 2013 3.00 %
March 7, 2013 3.00 %
April 18, 2013 Next meeting date
Source: Bank of Canada



US Federal Reserve Board Discount Rate*
December 11, 2012 0.00 % - 0.25 %
January 30, 2013 0.00 % - 0.25 %
March 20, 2013 Next meeting date
Source: US Federal Reserve
*US Federal Reserve has indicated it will now keep this rate until unemployment reaches 6.5%



Exchange Rate $CDN($US)
January 17, 2013 1.0140
February 13, 2013 .9982
February 28, 2013 .9775
Source: Bank of Canada




Government of Canada Bonds
Bond Type January 23, 2013 February 13, 2013 February 27, 2013
1 year Treasury Bill 1.07% 1.07% 1.01%
3 year Benchmark Bond Yield 1.20% 1.22% 1.08%
5 year Benchmark Bond Yield 1.40% 1.50% 1.32%
10 year Benchmark Bond Yield 1.87% 2.03% 1.86%
Source: Bank of Canada



Total New Housing Starts (Seasonally adjusted and annualized)
Province

November
2012

November
2011

December
2012

December
2011

January
2013

January
2012

Newfoundland/Labrador

3,700

3,900

3,800

3,000

3,500

5,200

PEI

800

1,500

1,200

800

2,000

700

Nova Scotia

3,200

2,800

3,200

8,500

7,400

2,700

New Brunswick

3,000

3,500

2,400

3,700

4,100

4,000

Quebec

47,800

47,200

42,500

50,300

32,000

35,500

Ontario

60,200

54,000

77,400

71,500

43,900

79,500

Manitoba

7,100

7,500

4,700

4,900

5,800

7,000

Saskatchewan

12,100

7,200

9,900

5,900

9,000

8,600

Alberta

39,600

29,900

30,100

28,300

29,300

25,400

British Columbia

23,600

28,200

22,000

23,000

23,600

29,400

CANADA

201,100

185,700

197,100

199,900

160,600

198,000

Source: CMHC Housing Now - February 2012 and February 2013. This seasonally adjusted data goes through stages of revision at different times of the year.



Average MLS® Resale Price for Local Markets 
City

January 2012

January 2013 

Halifax

$ 259,395

$ 291,044

Saint John

$ 161,163

$ 148,320

Quebec

$ 247,390

$ 266,692

Montreal

$ 311,180

$ 318,982

Ottawa

$ 349,525

$ 343,382

Toronto

$ 463,534

$ 482,648

Hamilton/Burlington

$ 334,106

$ 349,943

Winnipeg

$ 237,832

$ 248,720

Saskatoon

$ 309,828

$ 320,812

Regina

$ 284,714

$ 299,700

Calgary

$ 382,468

$ 418,938

Edmonton

$ 317,945

$ 323,451

Vancouver

$ 752,380

$ 748,651

Victoria

$ 454,905

$ 421,939

Source: Canadian Real Estate Association 
 

Housing Affordability Index

stats feb

stats feb 3

 

 

 

 

 

 

 

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