Office: 165 Pretoria Avenue, Ottawa ON. K1S 1X1

Phone: 613.238.2801

Fax: 613.238.4583

email: roberthof@royallepage.ca

Robert Hof – Ottawa Real Estate royal lepage
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Mortgage Matters

About Dominion Lending Centres Family Mortgage Group

Dominion Lending Centres Family Mortgage Group is a mortgage brokerage and leasing company associated with Dominion Lending Centres servicing the Ottawa Region.  Dominion Lending Centres is a National mortgage company that works with 90 banks, credit unions and trust companies providing residential and commerical mortgages and business leasing service

Gemma Riley-Laurin and Kevin Laurin (The Laurin Team), is an Ottawa based husband and wife mortgage team with the Dominion Lending Centres Family Mortgage Group, servicing the needs of residential mortgages and commercial/business leasing for the Ottawa Region.

With more than 25 years of combined experience in the financial industry, The Laurin Team is able to offer a mortgage solution or a business leasing that suits your needs and is the best financial option available for your home or business expansion in Canada's Capital area.

To reach Gemma 

900- 275 Slater Street
K1P 5H9 Ottawa, Ontario

(613) 845-0786

https://www.thelaurinteam.com

 

  


News & Rate Advisor

February 2021

 

Current Discount Mortgage Rates for Feb 2021   Conventional1 High Ratio2
Variable Rate   1.58% 1.58%
2 Year   2.39% 1.54%
4 Year   2.39% 1.54%
5 Year   1.94% 1.59%
Prime Rate   2.45% 2.45%
Note: * Rates subject to change and OAC.
(1) Conventional – Uninsured, (2) High Ratio – Insured

 

 

Canadian Qualifying Rate Feb 2021
Rate 4.79%
Source: Bank of Canada

 

 

Current Posted Mortgage Rates Feb 2021 Feb 2020 Feb 2019
1 Year 2.79% 3.64% 3.64%
3 Year 3.49% 3.94% 4.29%
5 Year 4.79% 5.19% 5.34%


Source: Bank of Canada

 

 

Nationwide Building Permits Dec 2020 Dec 2019 Dec 2018
Residential $5,618,496,000 $4,409,778,000 $4,446,072,000
Commercial $2,673,344,000 $3,611,935,000 $3,074,758,000
Total $8,291,840,000 $8,021,713,000 $7,520,830,000


Source: Stats Canada – preliminary figures

 

 

Current Bank of Canada Rate & Prime Rates Feb 2021 Feb 2020 Feb 2019
Bank Rate 0.50% 2.00% 2.00%
Prime Rate 2.45% 3.95% 3.95%


Source: Bank of Canada

 

 

 

Average House Prices by City Dec 2020 Dec 2019 Dec 2018
Yellowknife $367,978 $309,071 $431,554
Vancouver $1,047,400 $1,008,700 $1,032,400
Victoria $736,400 $699,900 $686,100
Edmonton $321,500 $312,400 $319,200
Calgary $418,400 $411,500 $413,900
Saskatoon $302,200 $286,500 $289,600
Regina $273,900 $249,800 $267,400
Toronto $909,500 $828,200 $764,200
Hamilton-Burlington $756,000 $629,200 $584,100
Ottawa-Carleton $545,500 $453,600 $394,700
Quebec City $269,500 $274,584 $271,689
Montreal $426,500 $383,800 $348,700
Fredericton $203,152 $179,695 $176,613
Saint John $192,620 $183,653 $181,576
Halifax-Dartmouth $397,378 $331,098 $297,599
Winnipeg $285,800 $291,396 $298,389


Source: CREA – Most Recent Month Reported

 

 

Average House Prices by Province Dec 2020 Dec 2019 Dec 2018
National $607,280 $504,358 $472,280
Yukon $433,525 $382,484 $408,924
Northwest Territories $367,978 $309,071 $431,554
British Columbia $843,819 $728,044 $695,385
Alberta $394,652 $375,549 $372,859
Saskatchewan $275,066 $264,061 $286,149
Manitoba $303,573 $277,670 $282,121
Ontario $751,508 $627,855 $559,957
Quebec $401,010 $338,091 $314,952
New Brunswick $198,172 $167,281 $174,639
Prince Edward Island $307,547 $259,122 $214,044
Nova Scotia $319,726 $257,528 $241,357
Newfoundland $282,600 $229,885 $249,345


Source: CREA – Most Recent Month Reported

 

 

Welcome to the January issue of the News & Rate Advisor.

 

Current Discount Mortgage Rates for Jan 2021   Conventional1 High Ratio2
Variable Rate   1.87% 1.87%
2 Year   2.24% 1.64%
4 Year   2.09% 1.64%
5 Year   1.69% 1.49%
Prime Rate   2.45% 2.45%
Note: * Rates subject to change and OAC.
(1) Conventional – Uninsured, (2) High Ratio – Insured

 

 

 

 

Canadian Qualifying Rate Jan 2021
Rate 4.79%
Source: Bank of Canada

 

 

 

 

Current Posted Mortgage Rates Jan 2021 Jan 2020 Jan 2019
1 Year 2.79% 3.64% 3.64%
3 Year 3.49% 3.94% 4.29%
5 Year 4.79% 5.19% 5.34%

 

 

Source: Bank of Canada

 

 

 

 

 

 

Nationwide Building Permits Nov 2020 Nov 2019 Nov 2018
Residential $5,982,791,000 $4,175,994,000 $4,796,347,000
Commercial $3,121,005,000 $3,219,230,000 $3,274,851,000
Total $9,103,796,000 $7,395,224,000 $8,071,198,000

 

 

Source: Stats Canada – preliminary figures

 

 

 

 

 

 

Current Bank of Canada Rate & Prime Rates Jan 2021 Jan 2020 Jan 2019
Bank Rate 0.50% 2.00% 2.00%
Prime Rate 2.45% 3.95% 3.95%

 

 

Source: Bank of Canada


 

 

 

 

 

 

 

Average House Prices by City Nov 2020 Nov 2019 Nov 2018
Yellowknife $447,966 $425,482 $334,556
Vancouver $1,044,000 $993,700 $1,042,100
Victoria $730,200 $693,700 $686,400
Edmonton $322,700 $316,100 $321,800
Calgary $418,700 $413,900 $418,300
Saskatoon $303,600 $287,500 $293,500
Regina $278,800 $259,600 $272,100
Toronto $902,500 $815,800 $763,600
Hamilton-Burlington $735,300 $626,000 $581,900
Ottawa-Carleton $540,500 $441,800 $393,600
Quebec City $267,900 $274,600 $280,072
Montreal $423,400 $379,000 $348,200
Fredericton $195,022 $184,665 $164,692
Saint John $209,702 $191,896 $197,463
Halifax-Dartmouth $393,461 $343,252 $296,419
Winnipeg $286,500 $305,744 $289,876

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

Average House Prices by Province Nov 2020 Nov 2019 Nov 2018
National $603,344 $528,728 $488,080
Yukon $424,353 $395,741 $394,406
Northwest Territories $447,966 $425,482 $334,556
British Columbia $814,049 $746,481 $708,739
Alberta $405,662 $370,440 $374,915
Saskatchewan $283,371 $280,757 $283,849
Manitoba $314,418 $291,279 $280,683
Ontario $744,036 $629,648 $574,993
Quebec $413,144 $335,097 $314,893
New Brunswick $203,907 $182,304 $175,976
Prince Edward Island $309,031 $247,035 $226,155
Nova Scotia $306,314 $277,104 $233,679
Newfoundland $281,900 $240,149 $225,655

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

Welcome to the December issue of the News & Rate Advisor.

 

Current Discount Mortgage Rates for Dec 2020   Conventional1 High Ratio2
Variable Rate   1.87% 1.87%
2 Year   2.24% 1.64%
4 Year   2.09% 1.64%
5 Year   1.74% 1.64%
Prime Rate   2.45% 2.45%
Note: * Rates subject to change and OAC.
(1) Conventional – Uninsured, (2) High Ratio – Insured

 

 

 

 

 

 

Canadian Qualifying Rate Dec 2020
Rate 4.79%
Source: Bank of Canada

 

 

 

 

 

Current Posted Mortgage Rates Dec 2020 Dec 2019 Dec 2018
1 Year 3.09% 3.64% 3.64%
3 Year 3.45% 3.94% 4.29%
5 Year 4.79% 5.19% 5.34%

 

 

 

 

 

 

Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

Nationwide Building Permits Oct 2020 Oct 2019 Oct 2018
Residential $6,260,612,000 $5,522,522,000 $5,813,429,000
Commercial $2,677,383,000 $3,923,023,000 $3,444,669,000
Total $8,937,995,000 $9,445,545,000 $9,258,098,000

 

 

 

 

 

 

Source: Stats Canada – preliminary figures

 

 

 

 

 

 

 

 

 

 

 

Current Bank of Canada Rate & Prime Rates Dec 2020 Dec 2019 Dec 2018
Bank Rate 0.50% 2.00% 2.00%
Prime Rate 2.45% 3.95% 3.95%

 

 

 

 

 

 

Source: Bank of Canada

 


 

 

 

 

 




 

 

 

 

 

 

Average House Prices by City Oct 2020 Oct 2019 Oct 2018
Yellowknife $368,362 $352,086 $427,371
Vancouver $1,045,100 $992,900 $1,062,100
Victoria $719,300 $692,700 $693,600
Edmonton $322,000 $316,200 $324,000
Calgary $419,600 $417,700 $422,000
Saskatoon $304,600 $291,100 $295,100
Regina $279,400 $259,900 $277,100
Toronto $897,700 $810,900 $766,300
Hamilton-Burlington $727,100 $622,200 $579,600
Ottawa-Carleton $536,400 $437,700 $393,400
Quebec City $263,300 $291,910 $280,787
Montreal $418,000 $374,500 $350,000
Fredericton $196,511 $188,204 $160,076
Saint John $212,578 $188,350 $166,766
Halifax-Dartmouth $388,418 $322,141 $288,293
Winnipeg $289,400 $295,882 $303,860

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

Average House Prices by Province Oct 2020 Oct 2019 Oct 2018
National $607,250 $525,125 $496,763
Yukon $456,771 $450,275 $401,491
Northwest Territories $368,362 $352,086 $427,371
British Columbia $811,028 $722,700 $689,719
Alberta $413,948 $378,035 $380,664
Saskatchewan $290,600 $278,546 $281,660
Manitoba $316,280 $285,013 $294,112
Ontario $742,101 $631,844 $588,440
Quebec $403,726 $334,599 $320,156
New Brunswick $203,233 $180,383 $163,111
Prince Edward Island $298,668 $249,325 $192,014
Nova Scotia $304,590 $248,059 $229,770
Newfoundland $281,800 $248,396 $239,373

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Welcome to the November issue of the News & Rate Advisor.

 

Current Discount Mortgage Rates for Nov 2020   Conventional1 High Ratio2
Variable Rate   1.87% 1.87%
2 Year   2.34% 1.69%
4 Year   2.19% 1.74%
5 Year   1.94% 1.69%
Prime Rate   2.45% 2.45%
Note: * Rates subject to change and OAC.
(1) Conventional – Uninsured, (2) High Ratio – Insured

 

Canadian Qualifying Rate Nov 2020
Rate 4.79%

Source: Bank of Canada

 

Current Posted Mortgage Rates Nov 2020 Nov 2019 Nov 2018
1 Year 3.09% 3.64% 3.64%
3 Year 3.59% 3.94% 4.29%
5 Year 4.79% 5.19% 5.34%

 

 

 

 

 

 

 

 

 

 

 

 

Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

Nationwide Building Permits Sep 2020 Sep 2019 Sep 2018
Residential $6,606,745,000 $5,274,155,000 $5,009,778,000
Commercial $3,742,944,000 $3,210,256,000 $3,049,189,000
Total $10,349,689,000 $8,484,411,000 $8,058,967,000

 

 

 

 

 

 

 

 

 

 

 

 

Source: Stats Canada – preliminary figures

 

 

 

 

 

 

 

 

 

 

 

 

Current Bank of Canada Rate & Prime Rates Nov 2020 Nov 2019 Nov 2018
Bank Rate 0.50% 2.00% 2.00%
Prime Rate 2.45% 3.95% 3.95%

 

 

 

 

 

 

 

 

 

 

 

 

Source: Bank of Canada

 

 

 

 


 

 

 

 

 

 

 

 

Average House Prices by City Sep 2020 Sep 2019 Sep 2018
Yellowknife $434,682 $458,793 $462,578
Vancouver $1,041,300 $990,600 $1,070,600
Victoria $716,800 $691,500 $694,200
Edmonton $323,100 $319,200 $326,700
Calgary $415,200 $419,400 $424,200
Saskatoon $303,900 $290,400 $293,800
Regina $278,800 $266,800 $277,000
Toronto $897,700 $805,500 $765,400
Hamilton-Burlington $718,600 $616,800 $575,300
Ottawa-Carleton $529,900 $434,100 $392,700
Quebec City $260,200 $274,625 $272,456
Montreal $413,000 $371,300 $347,700
Fredericton $210,015 $168,995 $181,895
Saint John $205,247 $179,463 $195,002
Halifax-Dartmouth $381,792 $318,822 $298,140
Winnipeg $286,600 $295,595 $296,216

 

 

 

 

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

Average House Prices by Province Sep 2020 Sep 2019 Sep 2018
National $604,211 $512,501 $486,917
Yukon $476,141 $411,162 $315,501
Northwest Territories $434,682 $458,793 $462,578
British Columbia $801,039 $696,115 $685,171
Alberta $403,163 $374,820 $385,061
Saskatchewan $293,743 $292,965 $273,783
Manitoba $308,689 $282,314 $285,055
Ontario $741,395 $618,165 $577,550
Quebec $397,445 $336,858 $317,173
New Brunswick $226,659 $171,741 $174,893
Prince Edward Island $297,290 $250,955 $205,709
Nova Scotia $303,599 $246,102 $231,891
Newfoundland $278,500 $238,403 $253,175

 

 

 

 

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Welcome to the September issue of the News & Rate Advisor.

 

Current Discount Mortgage Rates for Sep 2020   Conventional1 High Ratio2
Variable Rate   1.80% 1.80%
2 Year   2.49% 1.84%
4 Year   2.44% 1.84%
5 Year   1.89% 1.84%
Prime Rate   2.45% 2.45%
Note: * Rates subject to change and OAC.
(1) Conventional – Uninsured, (2) High Ratio – Insured

 

 

 

Canadian Qualifying Rate Sep 2020
Rate 4.79%

Source: Bank of Canada

 

 

 

Current Posted Mortgage Rates Sep 2020 Sep 2019 Sep 2018
1 Year 3.09% 3.64% 3.49%
3 Year 3.59% 3.94% 4.30%
5 Year 4.79% 5.19% 5.34%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nationwide Building Permits Jul 2020 Jul 2019 Jul 2018
Residential $5,982,545,000 $5,966,679,000 $5,893,760,000
Commercial $3,340,751,000 $4,042,959,000 $3,593,882,000
Total $9,323,296,000 $10,009,638,000 $9,487,642,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Stats Canada – preliminary figures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current Bank of Canada Rate & Prime Rates Sep 2020 Sep 2019 Sep 2018
Bank Rate 0.50% 2.00% 1.75%
Prime Rate 2.45% 3.95% 3.70%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average House Prices by City Jul 2020 Jul 2019 Jul 2018
Yellowknife $394,407 $403,153 $377,110
Vancouver $1,031,400 $995,200 $1,087,500
Victoria $724,600 $699,600 $672,800
Edmonton $319,900 $323,000 $334,400
Calgary $411,200 $419,900 $430,000
Saskatoon $296,900 $291,300 $297,200
Regina $272,200 $269,400 $281,100
Toronto $880,400 $800,900 $768,400
Hamilton-Burlington $687,000 $607,600 $555,459
Ottawa-Carleton $506,700 $428,200 $390,100
Quebec City $258,000 $280,580 $268,897
Montreal $401,300 $367,800 $345,000
Fredericton $218,767 $186,424 $197,103
Saint John $202,297 $188,973 $186,976
Halifax-Dartmouth $363,692 $309,101 $293,638
Winnipeg $284,000 $304,605 $296,735

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average House Prices by Province Jul 2020 Jul 2019 Jul 2018
National $571,471 $498,943 $481,429
Yukon $431,053 $419,165 $377,110
Northwest Territories $394,407 $403,153 $433,489
British Columbia $768,061 $682,807 $695,660
Alberta $401,100 $373,363 $385,156
Saskatchewan $290,252 $286,432 $291,435
Manitoba $309,225 $291,242 $286,071
Ontario $704,985 $596,545 $557,533
Quebec $387,245 $325,318 $309,862
New Brunswick $203,173 $179,988 $184,118
Prince Edward Island $274,630 $237,760 $190,834
Nova Scotia $289,243 $253,472 $235,239
Newfoundland $252,829 $248,818 $254,533

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Welcome to the August issue of the News & Rate Advisor.

 

Current Discount Mortgage Rates for Aug 2020   Conventional1 High Ratio2
Variable Rate   1.80% 1.80%
2 Year   2.29% 1.94%
4 Year   2.24% 1.94%
5 Year   1.99% 1.99%
Prime Rate   2.45% 2.45%
Note: * Rates subject to change and OAC.
(1) Conventional – Uninsured, (2) High Ratio – Insured

 

 

 

 

 

 

 

 

 

 

 

Canadian Qualifying Rate Aug 2020
Rate 4.79%
Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

Current Posted Mortgage Rates Aug 2020 Aug 2019 Aug 2018
1 Year 3.09% 3.64% 3.49%
3 Year 3.75% 4.29% 4.30%
5 Year 4.79% 5.34% 5.34%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nationwide Building Permits Jun 2020 Jun 2019 Jun 2018
Residential $6,917,295,000 $5,974,129,000 $6,422,470,000
Commercial $3,558,585,000 $3,894,753,000 $3,827,862,000
Total $10,475,880,000 $9,868,882,000 $10,250,332,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Stats Canada – preliminary figures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current Bank of Canada Rate & Prime Rates Aug 2020 Aug 2019 Aug 2018
Bank Rate 0.50% 2.00% 1.75%
Prime Rate 2.45% 3.95% 3.70%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Bank of Canada

 

 

 

 

 

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average House Prices by City Jun 2020 Jun 2019 Jun 2018
Yellowknife $402,384 $478,410 $485,985
Vancouver $1,025,300 $998,700 $1,093,600
Victoria $717,800 $697,700 $675,800
Edmonton $318,200 $323,900 $335,100
Calgary $405,200 $419,900 $431,300
Saskatoon $291,700 $292,100 $297,600
Regina $265,000 $269,400 $279,700
Toronto $863,700 $798,500 $772,100
Hamilton-Burlington $674,600 $606,900 $549,537
Ottawa-Carleton $492,700 $424,400 $389,200
Quebec City $254,700 $290,095 $288,643
Montreal $391,900 $365,700 $344,800
Fredericton $217,722 $189,208 $203,414
Saint John $200,961 $176,432 $196,323
Halifax-Dartmouth $366,243 $322,955 $308,761
Winnipeg $281,100 $312,625 $312,173

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average House Prices by Province Jun 2020 Jun 2019 Jun 2018
National $538,831 $505,463 $495,797
Yukon $447,360 $394,688 $377,400
Northwest Territories $402,384 $478,410 $485,985
British Columbia $751,903 $687,326 $716,259
Alberta $382,335 $386,012 $402,354
Saskatchewan $286,179 $287,478 $294,199
Manitoba $305,761 $300,037 $302,490
Ontario $678,906 $611,307 $573,396
Quebec $369,898 $326,990 $313,372
New Brunswick $199,327 $174,252 $191,808
Prince Edward Island $254,510 $241,195 $204,462
Nova Scotia $286,227 $261,160 $245,472
Newfoundland $227,132 $251,858 $255,989

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Welcome to the June issue of the News & Rate Advisor.

 

Current Discount Mortgage Rates for Jun 2020   Conventional1 High Ratio2
Variable Rate   2.72% 2.72%
2 Year   2.79% 2.69%
4 Year   2.69% 2.69%
5 Year   2.34% 2.49%
Prime Rate   2.45% 2.45%
Note: * Rates subject to change and OAC.
(1) Conventional – Uninsured, (2) High Ratio – Insured

 

 

 

 

 

 

 

 

 

 

 

 

 

Canadian Qualifying Rate Jun 2020
Rate 4.94%
Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

Current Posted Mortgage Rates Jun 2020 Jun 2019 Jun 2018
1 Year 3.19% 3.64% 3.49%
3 Year 3.89% 4.29% 4.30%
5 Year 4.94% 5.34% 5.34%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nationwide Building Permits Apr 2020 Apr 2019 Apr 2018
Residential $3,871,556,000 $5,778,223,000 $5,393,559,000
Commercial $1,817,624,000 $3,466,802,000 $2,704,196,000
Total $5,689,180,000 $9,245,025,000 $8,097,755,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Stats Canada – preliminary figures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current Bank of Canada Rate & Prime Rates Jun 2020 Jun 2019 Jun 2018
Bank Rate 0.50% 2.00% 1.50%
Prime Rate 2.45% 3.95% 3.45%

 

Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average House Prices by City Apr 2020 Apr 2019 Apr 2018
Yellowknife $453,399 $469,259 $378,114
Vancouver $1,036,000 $1,008,400 $1,092,000
Victoria $715,700 $690,200 $666,700
Edmonton $313,600 $320,900 $334,400
Calgary $410,400 $411,100 $430,700
Saskatoon $287,200 $287,700 $294,100
Regina $254,200 $262,200 $275,600
Toronto $870,100 $789,100 $766,300
Hamilton-Burlington $655,000 $598,700 $569,490
Ottawa-Carleton $478,700 $411,600 $382,000
Quebec City $277,075 $315,706 $278,726
Montreal $434,720 $360,900 $341,300
Fredericton $197,901 $209,962 $172,995
Saint John $169,772 $184,140 $199,136
Halifax-Dartmouth $330,565 $316,313 $315,365
Winnipeg $275,000 $314,081 $306,698

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average House Prices by Province Apr 2020 Apr 2019 Apr 2018
National $488,203 $494,978 $495,100
Yukon $443,432 $447,336 $380,551
Northwest Territories $453,399 $469,259 $378,114
British Columbia $736,230 $684,828 $730,333
Alberta $352,801 $381,452 $386,939
Saskatchewan $270,990 $288,962 $288,017
Manitoba $295,518 $299,656 $295,839
Ontario $593,794 $612,796 $578,072
Quebec $339,922 $315,706 $296,968
New Brunswick $182,931 $186,685 $178,206
Prince Edward Island $242,678 $235,694 $229,650
Nova Scotia $265,981 $256,735 $248,672
Newfoundland $235,923 $239,661 $245,697

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

Welcome to the May issue of the News & Rate Advisor.

 

Current Discount Mortgage Rates for May 2020   Conventional1 High Ratio2
Variable Rate   2.72% 2.72%
2 Year   2.84% 3.04%
4 Year   2.69% 2.89%
5 Year   2.54% 2.54%
Prime Rate   2.45% 2.45%
Note: * Rates subject to change and OAC.
(1) Conventional – Uninsured, (2) High Ratio – Insured

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Canadian Qualifying Rate May 2020
Rate 5.04%
Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current Posted Mortgage Rates May 2020 May 2019 May 2018
1 Year 3.29% 3.64% 3.49%
3 Year 3.94% 4.29% 4.30%
5 Year 5.04% 5.34% 5.34%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nationwide Building Permits Mar 2020 Mar 2019 Mar 2018
Residential $4,287,629,000 $4,465,767,000 $5,012,058,000
Commercial $2,644,773,000 $3,426,252,000 $2,756,547,000
Total $6,932,402,000 $7,892,019,000 $7,768,605,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Stats Canada – preliminary figures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current Bank of Canada Rate & Prime Rates May 2020 May 2019 May 2018
Bank Rate 0.50% 2.00% 1.50%
Prime Rate 2.45% 3.95% 3.45%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average House Prices by City Mar 2020 Mar 2019 Mar 2018
Yellowknife $450,249 $363,361 $429,808
Vancouver $1,033,700 $1,011,200 $1,084,000
Victoria $716,000 $683,900 $658,600
Edmonton $315,000 $319,000 $333,500
Calgary $411,700 $409,400 $430,400
Saskatoon $284,700 $283,700 $293,200
Regina $253,100 $264,100 $280,000
Toronto $865,200 $779,100 $760,800
Hamilton-Burlington $656,400 $591,300 $546,912
Ottawa-Carleton $472,800 $405,500 $376,800
Quebec City $280,316 $311,982 $260,481
Montreal $398,200 $357,600 $338,200
Fredericton $209,883 $180,950 $164,935
Saint John $187,849 $184,478 $161,402
Halifax-Dartmouth $352,946 $339,397 $300,588
Winnipeg $273,600 $302,631 $304,111

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average House Prices by Province Mar 2020 Mar 2019 Mar 2018
National $541,926 $481,745 $491,065
Yukon $409,787 $407,715 $361,898
Northwest Territories $450,249 $363,361 $429,808
British Columbia $788,425 $686,656 $726,803
Alberta $371,022 $381,280 $392,493
Saskatchewan $274,127 $275,808 $281,645
Manitoba $301,369 $296,086 $293,149
Ontario $682,779 $594,297 $576,950
Quebec $340,677 $311,982 $295,598
New Brunswick $192,362 $171,380 $164,527
Prince Edward Island $273,206 $233,096 $210,719
Nova Scotia $288,101 $265,513 $233,515
Newfoundland $235,100 $236,712 $248,897

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Welcome to the April issue of the News & Rate Advisor.

 

Current Discount Mortgage Rates for Apr 2020   Conventional1 High Ratio2
Variable Rate   2.72% 2.72%
2 Year   3.09% 3.19%
4 Year   3.09% 3.19%
5 Year   2.84% 2.79%
Prime Rate   2.45% 2.45%
Note: * Rates subject to change and OAC.
(1) Conventional – Uninsured, (2) High Ratio – Insured

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Canadian Qualifying Rate Apr 2020
Rate 5.04%
Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current Posted Mortgage Rates Apr 2020 Apr 2019 Apr 2018
1 Year 3.29% 3.64% 3.34%
3 Year 3.94% 4.29% 4.15%
5 Year 5.04% 5.34% 5.14%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nationwide Building Permits Feb 2020 Feb 2019 Feb 2018
Residential $3,775,381,000 $3,346,016,000 $5,221,564,000
Commercial $2,308,379,000 $2,261,291,000 $2,860,977,000
Total $6,083,760,000 $5,607,307,000 $8,082,541,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Stats Canada – preliminary figures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current Bank of Canada Rate & Prime Rates Apr 2020 Apr 2019 Apr 2018
Bank Rate 0.50% 2.00% 1.50%
Prime Rate 2.45% 3.95% 3.45%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average House Prices by City Feb 2020 Feb 2019 Feb 2018
Yellowknife $296,817 $355,554 $407,036
Vancouver $1,020,600 $1,016,600 $1,071,800
Victoria $708,000 $680,800 $642,800
Edmonton $312,000 $315,700 $374,361
Calgary $410,800 $409,800 $428,500
Saskatoon $285,600 $282,600 $292,800
Regina $249,800 $262,800 $278,700
Toronto $846,100 $767,800 $751,700
Hamilton-Burlington $644,200 $587,300 $552,661
Ottawa-Carleton $463,100 $400,800 $373,200
Quebec City $274,122 $266,239 $262,221
Montreal $390,300 $353,400 $334,600
Fredericton $205,324 $172,353 $179,981
Saint John $184,011 $184,513 $171,596
Halifax-Dartmouth $328,821 $302,879 $315,723
Winnipeg $270,700 $302,777 $297,929

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average House Prices by Province Feb 2020 Feb 2019 Feb 2018
National $539,724 $468,359 $494,309
Yukon $467,690 $405,682 $347,545
Northwest Territories $296,817 $355,554 $407,036
British Columbia $758,706 $678,426 $748,149
Alberta $375,209 $373,545 $395,016
Saskatchewan $268,307 $283,931 $291,771
Manitoba $277,754 $294,136 $286,586
Ontario $691,887 $580,019 $569,340
Quebec $343,527 $307,758 $296,071
New Brunswick $185,529 $173,000 $169,023
Prince Edward Island $295,565 $220,454 $207,373
Nova Scotia $260,396 $239,928 $240,600
Newfoundland $232,866 $233,885 $247,606

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Welcome to the March issue of the News & Rate Advisor.

 

Current Discount Mortgage Rates for Mar 2020   Conventional1 High Ratio2
Variable Rate   2.72% 2.72%
2 Year   2.64% 2.89%
4 Year   2.64% 2.74%
5 Year   2.34% 2.39%
Prime Rate   3.45% 3.45%
Note: * Rates subject to change and OAC.
(1) Conventional – Uninsured, (2) High Ratio – Insured

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Canadian Qualifying Rate Mar 2020
Rate 5.19%
Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current Posted Mortgage Rates Mar 2020 Mar 2019 Mar 2018
1 Year 3.39% 3.64% 3.34%
3 Year 3.04% 4.29% 4.15%
5 Year 5.19% 5.34% 5.14%

 

Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nationwide Building Permits Jan 2020 Jan 2019 Jan 2018
Residential $4,689,493,000 $4,294,506,000 $5,296,219,000
Commercial $2,664,177,000 $2,250,852,000 $3,087,552,000
Total $7,353,670,000 $6,545,358,000 $8,383,771,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Stats Canada – preliminary figures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current Bank of Canada Rate & Prime Rates Mar 2020 Mar 2019 Mar 2018
Bank Rate 1.50% 2.00% 1.50%
Prime Rate 3.45% 3.95% 3.45%

 

Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average House Prices by City Jan 2020 Jan 2019 Jan 2018
Yellowknife $309,071 $225,343 $372,550
Vancouver $1,008,700 $1,019,600 $1,056,500
Victoria $699,900 $680,200 $633,400
Edmonton $312,400 $317,200 $359,134
Calgary $411,500 $410,200 $426,500
Saskatoon $286,500 $286,500 $293,300
Regina $249,800 $266,600 $279,400
Toronto $828,200 $761,800 $743,200
Hamilton-Burlington $629,200 $582,300 $531,610
Ottawa-Carleton $453,600 $396,300 $370,100
Quebec City $274,584 $269,763 $263,531
Montreal $383,800 $349,300 $330,500
Fredericton $179,695 $171,669 $175,873
Saint John $183,653 $165,344 $183,373
Halifax-Dartmouth $331,098 $309,597 $291,070
Winnipeg $291,396 $280,449 $280,439

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average House Prices by Province Jan 2020 Jan 2019 Jan 2018
National $504,358 $454,776 $481,562
Yukon $382,484 $338,561 $326,619
Northwest Territories $309,071 $225,343 $372,550
British Columbia $728,044 $665,315 $721,061
Alberta $375,649 $361,333 $380,230
Saskatchewan $264,061 $273,720 $287,086
Manitoba $277,670 $267,314 $270,303
Ontario $627,855 $554,936 $543,988
Quebec $338,091 $306,177 $293,646
New Brunswick $167,281 $162,043 $168,522
Prince Edward Island $259,122 $208,971 $222,533
Nova Scotia $257,528 $234,202 $224,551
Newfoundland $229,885 $250,562 $243,824

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Powered By GoMax Solutions

 

Current Discount Mortgage Rates for Feb 2020   Conventional1 High Ratio2
Variable Rate   3.15% 3.15%
2 Year   3.04% 3.19%
4 Year   3.04% 2.99%
5 Year   2.79% 2.69%
Prime Rate   3.95% 3.95%
Note: * Rates subject to change and OAC.
(1) Conventional – Uninsured, (2) High Ratio – Insured

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Canadian Qualifying Rate Feb 2020
Rate 5.19%
Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current Posted Mortgage Rates Feb 2020 Feb 2019 Feb 2018
1 Year 3.64% 3.64% 3.34%
3 Year 3.94% 4.29% 4.15%
5 Year 5.19% 5.34% 5.14%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nationwide Building Permits Dec 2019 Dec 2018 Dec 2017
Residential $4,412,700,000 $4,446,072,000 $5,028,174,000
Commercial $3,546,747,000 $3,074,758,000 $2,942,157,000
Total $7,959,447,000 $7,520,830,000 $7,970,331,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Stats Canada – preliminary figures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current Bank of Canada Rate & Prime Rates Feb 2020 Feb 2019 Feb 2018
Bank Rate 2.00% 2.00% 1.50%
Prime Rate 3.95% 3.95% 3.45%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average House Prices by City Dec 2019 Dec 2018 Dec 2017
Yellowknife $309,071 $431,554 $422,572
Vancouver $1,008,700 $1,032,400 $1,050,300
Victoria $699,900 $686,100 $625,800
Edmonton $312,400 $319,200 $357,126
Calgary $411,500 $413,900 $427,400
Saskatoon $286,500 $289,600 $295,100
Regina $249,800 $267,400 $282,900
Toronto $828,200 $764,200 $743,500
Hamilton-Burlington $629,200 $584,100 $529,774
Ottawa-Carleton $453,600 $394,700 $369,400
Quebec City $274,584 $271,689 $274,743
Montreal $383,800 $348,700 $330,900
Fredericton $179,695 $176,613 $175,531
Saint John $183,653 $181,576 $295,482
Halifax-Dartmouth $331,098 $297,599 $298,755
Winnipeg $291,396 $298,389 $289,155

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average House Prices by Province Dec 2019 Dec 2018 Dec 2017
National $504,358 $472,280 $469,532
Yukon $382,484 $408,924 $432,462
Northwest Territories $309,071 $431,554 $422,572
British Columbia $728,044 $695,385 $733,744
Alberta $375,549 $372,859 $380,316
Saskatchewan $264,061 $286,149 $283,548
Manitoba $277,670 $282,121 $278,913
Ontario $627,855 $559,957 $559,102
Quebec $338,091 $314,952 $298,780
New Brunswick $167,281 $174,639 $158,014
Prince Edward Island $259,122 $214,044 $197,040
Nova Scotia $257,528 $241,357 $241,055
Newfoundland $229,885 $249,345 $252,029

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Welcome to the December issue of the News & Rate Advisor.

 

Current Discount Mortgage Rates for Dec 2019   Conventional1 High Ratio2
Variable Rate   3.15% 3.15%
2 Year   2.89% 2.99%
4 Year   2.94% 2.99%
5 Year   2.79% 2.69%
Prime Rate   3.95% 3.95%
Note: * Rates subject to change and OAC.
(1) Conventional – Uninsured, (2) High Ratio – Insured

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Canadian Qualifying Rate Dec 2019
Rate 5.19%
Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current Posted Mortgage Rates Dec 2019 Dec 2018 Dec 2017
1 Year 3.64% 3.64% 3.24%
3 Year 3.94% 4.29% 3.74%
5 Year 5.19% 5.34% 4.99%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nationwide Building Permits Oct 2019 Oct 2018 Oct 2017
Residential $5,502,607,000 $5,813,429,000 $4,754,561,000
Commercial $3,923,573,000 $3,444,669,000 $3,541,688,000
Total $9,426,180,000 $9,258,098,000 $8,296,249,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Stats Canada – preliminary figures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current Bank of Canada Rate & Prime Rates Dec 2019 Dec 2018 Dec 2017
Bank Rate 2.00% 2.00% 1.25%
Prime Rate 3.95% 3.95% 3.20%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average House Prices by City Oct 2019 Oct 2018 Oct 2017
Yellowknife $352,086 $427,371 $428,913
Vancouver $992,900 $1,062,100 $1,042,300
Victoria $692,700 $693,600 $620,400
Edmonton $316,200 $324,000 $370,484
Calgary $417,700 $422,000 $433,000
Saskatoon $291,100 $295,100 $299,900
Regina $259,900 $277,100 $289,000
Toronto $810,900 $766,300 $747,800
Hamilton-Burlington $622,200 $579,600 $527,991
Ottawa-Carleton $437,700 $393,400 $369,200
Quebec City $291,910 $280,787 $278,672
Montreal $374,500 $350,000 $329,300
Fredericton $188,204 $160,076 $169,754
Saint John $188,350 $166,766 $168,575
Halifax-Dartmouth $322,141 $288,293 $286,026
Winnipeg $295,882 $303,860 $294,843

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average House Prices by Province Oct 2019 Oct 2018 Oct 2017
National $525,125 $496,763 $481,922
Yukon $450,275 $401,491 $362,733
Northwest Territories $352,086 $427,371 $428,913
British Columbia $722,700 $689,719 $719,946
Alberta $378,035 $380,664 $395,429
Saskatchewan $278,546 $281,660 $280,330
Manitoba $285,013 $294,112 $284,952
Ontario $631,844 $588,440 $562,654
Quebec $334,599 $320,156 $307,745
New Brunswick $180,383 $163,111 $162,740
Prince Edward Island $249,325 $192,014 $217,182
Nova Scotia $248,059 $229,770 $227,245
Newfoundland $248,396 $239,373 $248,956

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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winsova2@gmail.com is currently subscribed to receive email correspondence from Gemma RileyLaurin And Kevin Laurin [200-440 Laurier Ave W , Ottawa, ON – (613) 845-0786].
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Welcome to the November issue of the News & Rate Advisor.

 

Current Discount Mortgage Rates for Nov 2019   Conventional1 High Ratio2
Variable Rate   3.15% 3.15%
2 Year   2.89% 2.99%
4 Year   2.94% 2.99%
5 Year   2.74% 2.79%
Prime Rate   3.95% 3.95%
Note: * Rates subject to change and OAC.
(1) Conventional – Uninsured, (2) High Ratio – Insured

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Canadian Qualifying Rate Nov 2019
Rate 5.19%
Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current Posted Mortgage Rates Nov 2019 Nov 2018 Nov 2017
1 Year 3.64% 3.64% 3.24%
3 Year 3.94% 4.29% 3.74%
5 Year 5.19% 5.34% 4.99%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nationwide Building Permits Sep 2019 Sep 2018 Sep 2017
Residential $5,251,943,000 $5,009,778,000 $4,831,142,000
Commercial $3,212,242,000 $3,049,189,000 $3,112,835,000
Total $8,464,185,000 $8,058,967,000 $7,943,977,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Stats Canada – preliminary figures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current Bank of Canada Rate & Prime Rates Nov 2019 Nov 2018 Nov 2017
Bank Rate 2.00% 2.00% 1.25%
Prime Rate 3.95% 3.95% 3.20%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average House Prices by City Sep 2019 Sep 2018 Sep 2017
Yellowknife $458,793 $462,578 $386,125
Vancouver $990,600 $1,070,600 $1,037,300
Victoria $691,500 $694,200 $620,700
Edmonton $319,200 $326,700 $370,252
Calgary $419,400 $424,200 $435,400
Saskatoon $290,400 $293,800 $326,700
Regina $266,800 $277,000 $320,000
Toronto $805,500 $765,400 $750,800
Hamilton-Burlington $616,800 $575,300 $543,927
Ottawa-Carleton $434,100 $392,700 $367,500
Quebec City $274,625 $272,456 $264,406
Montreal $371,300 $347,700 $327,600
Fredericton $168,995 $181,895 $169,036
Saint John $179,463 $195,002 $174,665
Halifax-Dartmouth $318,822 $298,140 $272,491
Winnipeg $295,595 $296,216 $288,334

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average House Prices by Province Sep 2019 Sep 2018 Sep 2017
National $512,501 $486,917 $487,095
Yukon $411,162 $315,501 $331,440
Northwest Territories $458,793 $462,578 $386,125
British Columbia $696,115 $685,171 $693,568
Alberta $374,820 $385,061 $390,485
Saskatchewan $292,965 $273,783 $284,625
Manitoba $282,314 $285,055 $280,026
Ontario $618,165 $577,550 $547,389
Quebec $336,858 $317,173 $298,115
New Brunswick $171,741 $174,893 $159,462
Prince Edward Island $250,955 $205,709 $188,458
Nova Scotia $246,102 $231,891 $215,209
Newfoundland $238,403 $253,175 $252,265

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Welcome to the October issue of the News & Rate Advisor.
 
Current Discount Mortgage Rates for Oct 2019   Conventional1 High Ratio2
Variable Rate   3.15% 3.15%
2 Year   2.89% 2.99%
4 Year   2.94% 2.99%
5 Year   2.97% 2.69%
Prime Rate   3.95% 3.95%
Note: * Rates subject to change and OAC.
(1) Conventional – Uninsured, (2) High Ratio – Insured

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Canadian Qualifying Rate Oct 2019
Rate 5.19%
Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current Posted Mortgage Rates Oct 2019 Oct 2018 Oct 2017
1 Year 3.64% 3.64% 3.24%
3 Year 3.94% 4.29% 3.64%
5 Year 5.19% 5.34% 4.89%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Stats Canada – preliminary figures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current Bank of Canada Rate & Prime Rates Apr 2019 Apr 2018 Apr 2017
Bank Rate 2.00% 1.50% 0.75%
Prime Rate 3.95% 3.45% 2.70%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average House Prices by City Feb 2019 Feb 2018 Feb 2017
Yellowknife $355,554 $407,036 $335,300
Vancouver $1,016,600 $1,071,800 $995,583
Victoria $680,800 $642,800 $642,204
Edmonton $315,700 $374,361 $359,468
Calgary $409,800 $428,500 $464,834
Saskatoon $282,600 $292,800 $326,714
Regina $262,800 $278,700 $300,874
Toronto $767,800 $751,700 $875,983
Hamilton-Burlington $587,300 $552,661 $556,630
Ottawa-Carleton $400,800 $373,200 $382,268
Quebec City $266,239 $262,221 $252,303
Montreal $353,400 $334,600 $348,635
Fredericton $172,353 $179,981 $161,590
Saint John $184,513 $171,596 $178,351
Halifax-Dartmouth $302,879 $315,723 $279,362
Winnipeg $302,777 $297,929 $288,097

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average House Prices by Province Feb 2019 Feb 2018 Feb 2017
National $468,359 $494,309 $519,521
Yukon $405,682 $347,545 $323,076
Northwest Territories $355,554 $407,036 $335,300
British Columbia $678,426 $748,149 $688,011
Alberta $373,545 $395,016 $389,943
Saskatchewan $283,931 $291,771 $280,384
Manitoba $294,136 $286,586 $288,263
Ontario $580,019 $569,340 $634,341
Quebec $307,758 $296,071 $280,333
New Brunswick $173,000 $169,023 $163,362
Prince Edward Island $220,454 $207,373 $212,033
Nova Scotia $239,928 $240,600 $209,889
Newfoundland $233,885 $247,606 $248,317

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
 

 

 

 

 

 

 

 

 

 

Source: Bank of Canada

 

Current Posted Mortgage Rates

Jan 2019

Jan 2018

Jan 2017

1 Year

n/a

3.24%

3.14%

3 Year

n/a

3.74%

3.39%

5 Year

n/a

4.99%

4.64%

 

Source: Bank of Canada

 

Nationwide Building Permits

Nov 2018

Nov 2017

Nov 2016

Residential

$4,809,450,000

$4,779,015,000

$5,097,630,000

Commercial

$3,272,662,000

$2,914,103,000

$2,666,635,000

Total

$8,082,112,000

$7,693,118,000

$7,764,265,000

 

Source: Stats Canada – preliminary figures

 

Current Bank of Canada Rate & Prime Rates

Jan 2018

Jan 2017

 

Bank Rate

1.25%

0.75%

%

Prime Rate

3.45%

2.70%

%

 

Source: Bank of Canada

 

 

Average House Prices by City

Nov 2018

Nov 2017

Nov 2016

Yellowknife

$334,556

$328,507

$423,222

Vancouver

$1,042,100

$1,046,900

$895,084

Victoria

$686,400

$621,900

$639,687

Edmonton

$321,800

$370,397

$373,174

Calgary

$418,300

$430,700

$468,659

Saskatoon

$293,500

$296,700

$335,660

Regina

$272,100

$284,100

$297,980

Toronto

$763,600

$744,700

$776,684

Hamilton-Burlington

$581,900

$531,021

$510,475

Ottawa-Carleton

$393,600

$369,400

$379,343

Quebec City

$280,072

$259,298

$259,562

Montreal

$348,200

$330,500

$366,956

Fredericton

$164,692

$172,006

$172,925

Saint John

$197,463

$159,576

$168,865

Halifax-Dartmouth

$296,419

$298,507

$282,700

Winnipeg

$289,876

$293,856

$279,557

 

Source: CREA – Most Recent Month Reported

 

Average House Prices by Province

Nov 2018

Nov 2017

Nov 2016

National

$488,080

$503,852

$489,591

Yukon

$394,406

$317,892

$289,312

Northwest Territories

$334,556

$328,507

$423,222

British Columbia

$708,739

$722,905

$625,871

Alberta

$374,915

$385,030

$395,648

Saskatchewan

$283,849

$289,810

$292,303

Manitoba

$280,683

$286,221

$282,511

Ontario

$574,993

$564,193

$571,696

Quebec

$314,893

$305,470

$291,232

New Brunswick

$175,976

$157,960

$158,295

Prince Edward Island

$226,155

$204,577

$165,406

Nova Scotia

$233,679

$229,123

$218,332

Newfoundland

$225,655

$249,480

$265,395

 

Source: CREA – Most Recent Month Reported

 

Welcome to the December issue of the News & Rate Advisor.

Current Discount Mortgage Rates for Dec 2018

 

Conventional1

High Ratio2

Variable Rate

 

3.30%

2.95%

2 Year

 

3.64%

3.54%

4 Year

 

3.84%

3.69%

5 Year

 

3.79%

3.59%

Prime Rate

 

3.95%

3.95%

Note: * Rates subject to change and OAC.
(1) Conventional – Uninsured, (2) High Ratio – Insured

 

 

Canadian Qualifying Rate

Dec 2018

Rate

5.34%

 

Source: Bank of Canada

 

Current Posted Mortgage Rates

Dec 2018

Dec 2017

Dec 2016

1 Year

3.64%

3.24%

3.14%

3 Year

4.29%

3.74%

3.39%

5 Year

5.34%

4.99%

4.64%

 

Source: Bank of Canada

 

Nationwide Building Permits

Oct 2018

Oct 2017

Oct 2016

Residential

$5,821,791,000

$4,754,561,000

$5,220,944,000

Commercial

$3,452,960,000

$3,541,688,000

$2,549,673,000

Total

$9,274,751,000

$8,296,249,000

$7,770,617,000

 

Source: Stats Canada – preliminary figures

 

Current Bank of Canada Rate & Prime Rates

Dec 2018

Dec 2017

Dec 2016

Bank Rate

2.00%

1.25%

0.75%

Prime Rate

3.95%

3.20%

2.70%

 

Source: Bank of Canada

 

 

Average House Prices by City

Oct 2018

Oct 2017

Oct 2016

Yellowknife

$427,371

$428,913

$308,310

Vancouver

$1,062,100

$1,042,300

$891,705

Victoria

$693,600

$620,400

$615,066

Edmonton

$324,000

$370,484

$364,004

Calgary

$422,000

$433,000

$450,279

Saskatoon

$295,100

$299,900

$332,144

Regina

$277,100

$289,000

$291,741

Toronto

$766,300

$747,800

$762,975

Hamilton-Burlington

$579,600

$527,991

$507,131

Ottawa-Carleton

$393,400

$369,200

$366,639

Quebec City

$280,787

$278,672

$269,925

Montreal

$350,000

$329,300

$354,600

Fredericton

$160,076

$169,754

$159,325

Saint John

$166,766

$168,575

$178,673

Halifax-Dartmouth

$288,293

$286,026

$279,611

Winnipeg

$303,860

$294,843

$279,421

 

Source: CREA – Most Recent Month Reported

 

Average House Prices by Province

Oct 2018

Oct 2017

Oct 2016

National

$496,763

$481,922

$481,994

Yukon

$401,491

$362,733

$313,723

Northwest Territories

$427,371

$428,913

$308,310

British Columbia

$689,719

$719,946

$606,787

Alberta

$380,664

$395,429

$391,692

Saskatchewan

$281,660

$280,330

$284,545

Manitoba

$294,112

$284,952

$273,573

Ontario

$588,440

$562,654

$561,896

Quebec

$320,156

$307,745

$288,979

New Brunswick

$163,111

$162,740

$160,651

Prince Edward Island

$192,014

$217,182

$189,979

Nova Scotia

$229,770

$227,245

$213,046

Newfoundland

$239,373

$248,956

$254,207

 

Source: CREA – Most Recent Month Reported

 
 

 

 

Welcome to the October issue of the News & Rate Advisor.

 

Current Discount Mortgage Rates for Oct 2018   Conventional1 High Ratio2
Variable Rate   2.65% 2.60%
2 Year   3.19% 3.19%
4 Year   3.64% 3.59%
5 Year   3.34% 3.29%
Prime Rate   3.70% 3.70%
Note: * Rates subject to change and OAC.
(1) Conventional – Uninsured, (2) High Ratio – Insured

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Canadian Qualifying Rate Oct 2018
Rate 5.34%
Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current Posted Mortgage Rates Oct 2018 Oct 2017 Oct 2016
1 Year 3.49% 3.24% 3.14%
3 Year 4.29% 3.64% 3.39%
5 Year 5.34% 4.89% 4.64%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nationwide Building Permits Aug 2018 Aug 2017 Aug 2016
Residential $5,310,449,000 $4,887,519,000 $4,516,206,000
Commercial $3,801,749,000 $2,684,389,000 $2,856,502,000
Total $9,112,198,000 $7,571,908,000 $7,372,708,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Stats Canada – preliminary figures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current Bank of Canada Rate & Prime Rates Oct 2018 Oct 2017 Oct 2016
Bank Rate 1.75% 1.25% 0.75%
Prime Rate 3.70% 3.20% 2.70%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average House Prices by City Aug 2018 Aug 2017 Aug 2016
Yellowknife $417,548 $447,334 $388,119
Vancouver $1,083,400 $1,029,700 $833,065
Victoria $692,700 $620,700 $570,196
Edmonton $330,000 $373,438 $369,956
Calgary $426,800 $436,500 $456,663
Saskatoon $293,900 $316,700 $349,716
Regina $277,600 $313,000 $309,634
Toronto $764,800 $755,400 $710,410
Hamilton-Burlington $578,000 $554,507 $496,894
Ottawa-Carleton $391,100 $365,200 $369,055
Quebec City $283,054 $266,072 $279,780
Montreal $345,600 $326,400 $358,935
Fredericton $187,714 $166,135 $187,411
Saint John $185,934 $172,803 $165,661
Halifax-Dartmouth $295,413 $284,037 $281,977
Winnipeg $302,100 $297,897 $278,718

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  Aug 2018 Aug 2017 Aug 2016
  $475,591 $472,247 $456,722
Yukon $382,801 $311,149 $341,597
Northwest Territories $417,548 $447,334 $388,119
British Columbia $669,452 $678,152 $569,281
Alberta $384,200 $392,359 $390,615
Saskatchewan $281,088 $293,995 $298,001
Manitoba $292,584 $287,794 $273,387
Ontario $553,285 $518,613 $518,586
Quebec $312,866 $298,158 $289,656
New Brunswick $177,644 $161,160 $168,737
Prince Edward Island $212,654 $195,270 $195,925
Nova Scotia $228,070 $223,738 $209,989
Newfoundland $261,107 $258,198 $265,521

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Welcome to the September issue of the News & Rate Advisor.

 

Current Discount Mortgage Rates for Sep 2018   Conventional1 High Ratio2
Variable Rate   3.00% 2.70%
2 Year   3.39% 3.24%
4 Year   3.64% 3.64%
5 Year   3.74% 3.39%
Prime Rate   3.70% 3.70%
Note: * Rates subject to change and OAC.
(1) Conventional – Uninsured, (2) High Ratio – Insured

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nationwide Building Permits Jul 2018 Jul 2017 Jul 2016
Residential $5,999,154,000 $5,013,737,000 $4,087,851,000
Commercial $3,625,648,000 $2,965,814,000 $2,554,845,000
Total $9,624,802,000 $7,979,551,000 $6,642,696,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Stats Canada – preliminary figures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current Bank of Canada Rate & Prime Rates Sep 2018 Sep 2017 Sep 2016
Bank Rate 1.75% 1.25% 0.75%
Prime Rate 3.70% 3.20% 2.70%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average House Prices by City Jul 2018 Jul 2017 Jul 2016
Yellowknife $377,110 $366,991 $388,352
Vancouver $1,087,500 $1,029,786 $1,007,687
Victoria $672,800 $644,510 $580,555
Edmonton $334,400 $383,624 $384,504
Calgary $430,000 $458,480 $469,325
Saskatoon $297,200 $325,718 $346,879
Regina $281,100 $319,595 $314,714
Toronto $768,400 $746,218 $709,825
Hamilton-Burlington $555,459 $536,595 $491,360
Ottawa-Carleton $390,100 $391,119 $374,431
Quebec City $268,897 $268,884 $266,578
Montreal $345,000 $378,401 $349,218
Fredericton $197,103 $187,119 $181,833
Saint John $186,976 $179,048 $168,266
Halifax-Dartmouth $293,638 $299,847 $292,511
Winnipeg $296,735 $294,216 $282,684

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average House Prices by Province Jul 2018 Jul 2017 Jul 2016
National $481,429 $478,696 $480,743
Yukon $377,110 $376,909 $344,863
Northwest Territories $433,489 $366,991 $388,352
British Columbia $695,660 $698,718 $663,411
Alberta $385,156 $396,946 $403,666
Saskatchewan $291,435 $291,399 $303,414
Manitoba $286,071 $283,978 $275,914
Ontario $557,533 $517,379 $517,831
Quebec $309,862 $303,083 $284,662
New Brunswick $184,118 $173,797 $164,961
Prince Edward Island $190,834 $192,605 $180,427
Nova Scotia $235,239 $228,399 $221,689
Newfoundland $254,533 $244,653 $252,846

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Welcome to the August issue of the News & Rate Advisor.

 

Current Discount Mortgage Rates for Aug 2018   Conventional1 High Ratio2
Variable Rate   3.00% 3.14%
2 Year   3.39% 3.39%
4 Year   3.64% 3.64%
5 Year   3.74% 3.44%
Prime Rate   3.70% 3.70%
Note: * Rates subject to change and OAC.
(1) Conventional – Uninsured, (2) High Ratio – Insured

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Canadian Qualifying Rate Aug 2018
Rate 5.34%
Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current Posted Mortgage Rates Aug 2018 Aug 2017 Aug 2016
1 Year 3.49% 3.14% 3.14%
3 Year 4.30% 3.39% 3.39%
5 Year 5.34% 4.84% 4.74%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nationwide Building Permits Jun 2018 Jun 2017 Jun 2016
Residential $6,271,516,000 $5,122,069,000 $4,108,128,000
Commercial $3,826,013,000 $3,088,589,000 $2,313,366,000
Total $10,097,529,000 $8,210,658,000 $6,421,494,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Stats Canada – preliminary figures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current Bank of Canada Rate & Prime Rates Aug 2018 Aug 2017 Aug 2016
Bank Rate 1.75% 1.00% 0.50%
Prime Rate 3.70% 2.95% 2.70%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average House Prices by City Jun 2018 Jun 2017 Jun 2016
Yellowknife $485,985 $414,505 $380,284
Vancouver $1,093,600 $1,053,655 $1,026,207
Victoria $675,800 $674,952 $587,908
Edmonton $335,100 $393,212 $378,045
Calgary $431,300 $483,106 $466,717
Saskatoon $297,600 $338,709 $334,529
Regina $279,700 $294,991 $321,726
Toronto $772,100 $793,915 $746,546
Hamilton-Burlington $549,537 $560,113 $513,971
Ottawa-Carleton $389,200 $410,032 $378,389
Quebec City $288,643 $277,041 $273,869
Montreal $344,800 $373,780 $353,535
Fredericton $203,414 $194,571 $189,239
Saint John $196,323 $188,119 $179,633
Halifax-Dartmouth $308,761 $290,008 $290,421
Winnipeg $312,173 $302,900 $294,619

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average House Prices by Province Jun 2018 Jun 2017 Jun 2016
National $495,797 $504,458 $503,301
Yukon $377,400 $380,580 $351,768
Northwest Territories $485,985 $414,505 $380,284
British Columbia $716,259 $725,704 $694,925
Alberta $402,354 $412,358 $397,269
Saskatchewan $294,199 $285,811 $297,837
Manitoba $302,490 $292,791 $284,798
Ontario $573,396 $547,402 $544,009
Quebec $313,372 $299,827 $287,637
New Brunswick $191,808 $177,807 $170,044
Prince Edward Island $204,462 $219,235 $192,115
Nova Scotia $245,472 $240,776 $226,272
Newfoundland $255,989 $258,235 $270,664

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Welcome to the July issue of the News & Rate Advisor.
Current Discount Mortgage Rates for Jul 2018   Conventional1 High Ratio2
Variable Rate   2.49% 2.65%
2 Year   3.29% 3.29%
4 Year   3.04% 3.64%
5 Year   3.24% 3.74%
Prime Rate   3.70% 3.70%
Note: * Rates subject to change and OAC.
(1) Conventional – Uninsured, (2) High Ratio – Insured

 

 

Canadian Qualifying Rate Jul 2018
Rate 5.34%
Source: Bank of Canada

 

 

Current Posted Mortgage Rates Jul 2018 Jul 2017 Jul 2016
1 Year 3.49% 3.14% 3.14%
3 Year 4.30% 3.39% 3.39%
5 Year 5.34% 4.64% 4.74%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nationwide Building Permits May 2018 May 2017 May 2016
Residential $6,982,187,000 $5,096,203,000 $4,327,110,000
Commercial $3,132,370,000 $2,768,114,000 $2,451,001,000
Total $10,114,557,000 $7,864,317,000 $6,778,111,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Stats Canada – preliminary figures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current Bank of Canada Rate & Prime Rates Jul 2018 Jul 2017 Jul 2016
Bank Rate 1.75% 0.75% 0.50%
Prime Rate 3.70% 2.95% 2.70%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average House Prices by City May 2018 May 2017 May 2016
Yellowknife $431,863 $410,549 $439,610
Vancouver $1,094,000 $1,110,376 $1,055,495
Victoria $671,900 $674,237 $585,994
Edmonton $335,400 $379,018 $382,695
Calgary $431,500 $485,444 $476,886
Saskatoon $296,500 $349,411 $338,153
Regina $276,500 $326,770 $326,656
Toronto $772,400 $863,910 $751,908
Hamilton-Burlington $590,273 $627,688 $497,792
Ottawa-Carleton $386,300 $406,092 $384,212
Quebec City $273,607 $266,086 $266,269
Montreal $343,800 $368,558 $354,533
Fredericton $169,554 $196,876 $208,115
Saint John $195,449 $187,519 $165,762
Halifax-Dartmouth $311,249 $316,035 $294,493
Winnipeg $307,320 $302,546 $290,063

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average House Prices by Province May 2018 May 2017 May 2016
National $496,084 $530,304 $509,460
Yukon $385,702 $352,372 $329,993
Northwest Territories $431,863 $410,549 $439,610
British Columbia $739,699 $752,514 $722,146
Alberta $395,032 $412,382 $402,751
Saskatchewan $297,640 $302,720 $297,303
Manitoba $300,327 $294,159 $283,058
Ontario $566,433 $598,433 $547,860
Quebec $312,823 $299,542 $285,171
New Brunswick $178,222 $179,384 $180,839
Prince Edward Island $221,638 $187,752 $172,581
Nova Scotia $255,340 $249,518 $232,597
Newfoundland $253,107 $258,297 $246,848

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


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