CAAMP Stats

May 2010
Welcome to the May issue of CAAMP Stats.
To find out more about CAAMP, visit www.caamp.org

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Bank of Canada Interest Rate	Exchange Rate
Bank Prime Lending Rate	Government of Canada Bonds
Conventional Mortgage - 5 Year Rate	Total New Housing Starts
US Federal Reserve Board Discount Rate	Average MLS Resale Price for Local Markets

Bank of Canada Interest Rate

March 2, 2010	0.25 %
April 20, 2010	0.25 %
June 1, 2010	Next meeting date

Source: Bank of Canada

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Bank Prime Lending Rate

March 3, 2010	2.25 %
April 21, 2010	2.25 %
June 2, 2010	Next meeting date

Source: Bank of Canada

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Conventional Mortgage - 5 Year Rate*

March 10, 2010	5.39 %
March 31, 2010	5.85 %
April 14, 2010	5.85 %

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

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US Federal Reserve Board Discount Rate

March 16, 2010	0.00 % - 0.25 %
April 28, 2010	0.00 % - 0.25 %
June 23, 2010	Next Meeting date

Source: US Federal Reserve

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Exchange Rate $CDN($US)

March 29, 2010	0.9797
April 19, 2010	0.9854
April 29, 2010	0.9946

Source: Bank of Canada

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Government of Canada Bonds

Bond Type	March 24, 2010	April 14, 2010	April 28, 2010
1 year Treasury Bill	0.87%	1.12%	1.29%
3 year Benchmark Bond Yield	1.99%	2.49%	2.49%
5 year Benchmark Bond Yield	2.86%	3.12%	3.09%
10 year Benchmark Bond Yield	3.54%	3.71%	3.66%

Source: Bank of Canada

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Total New Housing Starts (Seasonable adjusted and annualized)

Province	January 2010	January 2009	February 2010	February 2009	March 2010	March 2009
Newfoundland/Labrador	6,900	3,600	5,300	3,200	6,100	3,300
PEI	500	600	300	500	300	400
Nova Scotia	3,000	2,800	6,300	4,700	4,200	3,800
New Brunswick	6,300	3,800	2,400	3,200	3,700	3,400
Quebec	56,000	45,300	47,400	36,900	55,600	43,600
Ontario	57,300	54,700	73,600	47,100	63,200	62,600
Manitoba	4,900	3,600	5,400	3,700	3,900	3,500
Saskatchewan	6,700	3,800	5,000	2,300	4,000	2,100
Alberta	24,300	17,200	28,500	12,600	34,900	11,900
British Columbia	27,700	18,100	30,400	14,200	25,000	11,900
CANADA	193,600	153,500	204,600	128,400	200,900	146,500

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

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Average MLS Resale Price for Local Markets

City	March 2009	March 2010
Halifax	$229,548	$255,818
Saint John	$158,731	$169,256
Quebec	$203,935	$233,529
Montreal	$259,322	$287,420
Ottawa	$287,911	$330,906
Toronto	$362,050	$434,693
Hamilton/Burlington	$263,120	$313,372
Winnipeg	$211,408	$227,167
Saskatoon	$266,720	$282,615
Calgary	$372,114	$405,551
Edmonton	$309,032	$342,933
Vancouver	$530,763	$693,482
Victoria	$441,380	$521,917

Source: Canadian Real Estate Association

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Standard Two Story Home. Prices changes over two years

Stats May

Source: Royal Lepage April 2010