November Market Trend
| Average House Prices by Province |
Sep 2012 |
Sep 2011 |
Sep 2010 |
| National |
$355,777 |
$352,581 |
$331,089 |
| Yukon |
$366,728 |
$277,654 |
$304,018 |
| Northwest Territories |
$403,019 |
$457,504 |
$382,188 |
| British Columbia |
$494,213 |
$523,568 |
$493,846 |
| Alberta |
$355,127 |
$359,637 |
$349,048 |
| Saskatchewan |
$273,209 |
$253,300 |
$236,455 |
| Manitoba |
$239,517 |
$228,548 |
$216,327 |
| Ontario |
$379,900 |
$359,786 |
$335,083 |
| Quebec |
$277,423 |
$263,615 |
$252,280 |
| New Brunswick |
$151,030 |
$156,900 |
$151,660 |
| Prince Edward Island |
$145,380 |
$169,964 |
$146,537 |
| Nova Scotia |
$209,568 |
$202,090 |
$191,388 |
| Newfoundland |
$271,572 |
$262,481 |
$230,190 |
Source: CREA - Most Recent Month Reported
| Average House Prices by City |
Sep 2012 |
Sep 2011 |
Sep 2010 |
| Yellowknife |
$403,019 |
$457,504 |
$382,188 |
| Vancouver |
$722,681 |
$751,042 |
$679,381 |
| Victoria |
$471,953 |
$493,522 |
$485,459 |
| Edmonton |
$323,803 |
$332,782 |
$325,060 |
| Calgary |
$402,756 |
$406,252 |
$401,080 |
| Saskatoon |
$313,843 |
$311,057 |
$312,582 |
| Regina |
$298,501 |
$272,295 |
$240,667 |
| Toronto |
$503,662 |
$465,369 |
$427,269 |
| Hamilton-Burlington |
$359,406 |
$318,507 |
$316,556 |
| Ottawa-Carleton |
$353,984 |
$337,109 |
$324,841 |
| Quebec City |
$258,564 |
$247,060 |
$247,735 |
| Montreal |
$334,798 |
$317,746 |
$303,409 |
| Fredericton |
$156,098 |
$153,652 |
$157,899 |
| Saint John |
$155,723 |
$169,290 |
$172,963 |
| Halifax-Dartmouth |
$261,126 |
$253,575 |
$240,092 |
| Winnipeg |
|
|
Welcome to the November issue of the News & Rate Advisor.
| Current Discount Mortgage Rates |
Nov 2012 |
| Variable Rate |
2.65% |
| 1 Year |
2.49% |
| 2 Year |
2.39% |
| 3 Year |
2.59% |
| 4 Year |
2.99% |
| 5 Year |
2.94% |
| 7 Year |
3.69% |
| 10 Year |
3.89% |
| Prime Rate |
3.00% |
| * Rates subject to change and OAC. |
| Canadian Qualifying Rate |
Nov 2012 |
| Rate |
5.24% |
Source: Bank of Canada
| Current Posted Mortgage Rates |
Nov 2012 |
Nov 2011 |
Nov 2010 |
| 1 Year |
3.10% |
3.50% |
3.35% |
| 3 Year |
3.70% |
4.05% |
4.25% |
| 5 Year |
5.24% |
5.29% |
5.44% |
Source: Bank of Canada
| Nationwide Building Permits. |
Sep 2012 |
Sep 2011 |
Sep 2010 |
| Residential |
$4,238,456,000 |
$3,606,870,000 |
$3,846,658,000 |
| Commercial |
$2,237,865,000 |
$2,063,749,000 |
$2,741,937,000 |
| Total |
$6,476,321,000 |
$5,670,619,000 |
$6,588,595,000 |
Source: Stats Canada - preliminary figures
| Current Bank of Canada Rate & Prime Rates |
Nov 2012 |
Nov 2011 |
Nov 2010 |
| Bank Rate |
1.25% |
1.25% |
1.25% |
| Prime Rate |
3.00% |
3.00% |
3.00% |
Source: Bank of Canada
|
This entry was posted on November 15th, 2012
| Posted in
General