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

Phone: 613.238.2801

Fax: 613.238.4583

email: roberthof@royallepage.ca

royal lepage

Mortgage Matters

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.

Financing is a critical personal and business decision

The Laurin Team offers professional and personal services for residential mortgages and commercial leasing with the aim of taking the complexities and hassles out of the financing process and simplifying your life.

With access to numerous lending institutions in the Ottawa Region and nationwide, including big banks, credit unions and trust companies, The Laurin Team is familiar with a vast array of available mortgage products ranging from first-time homebuyer programs to financing for the self-employed to new Canadian immigrants to financing for those with bruised credit.

The Laurin Team ensures all clients having the access and ability in gaining the knowledge and information to make an informed lending decision.

The LaurinTeam is team of trusted professionals in the Ottawa Region and member of the Canadian Association of Accredited Mortgage Professionals (CAAMP).

To reach Gemma 

900- 275 Slater Street
K1P 5H9 Ottawa, Ontario

(613) 845-0786

https://www.thelaurinteam.com

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

 

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

 

 

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

 

Current Discount Mortgage Rates for Jul 2019   Conventional1 High Ratio2
Variable Rate   3.15% 3.15%
2 Year   2.89% 3.84%
4 Year   2.94% 3.14%
5 Year   2.97% 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 Jul 2019
Rate 5.34%
Source: Bank of Canada

 

 

 

 

Current Posted Mortgage Rates Jul 2019 Jul 2018 Jul 2017
1 Year 3.64% 3.49% 3.14%
3 Year 4.29% 4.30% 3.39%
5 Year 5.34% 5.34% 4.64%

 

 

Source: Bank of Canada

 

 

 

 

 

 

Nationwide Building Permits May 2019 May 2018 May 2017
Residential $6,265,555,000 $6,959,962,000 $5,096,203,000
Commercial $3,719,829,000 $3,158,911,000 $2,768,114,000
Total $9,985,384,000 $10,118,873,000 $7,864,317,000

 

 

Source: Stats Canada – preliminary figures

 

 

 

 

 

 

Current Bank of Canada Rate & Prime Rates Jul 2019 Jul 2018 Jul 2017
Bank Rate 2.00% 1.75% 0.75%
Prime Rate 3.95% 3.70% 2.95%

 

 

Source: Bank of Canada


 

 

 

 

 

 

 

Average House Prices by City May 2019 May 2018 May 2017
Yellowknife $351,976 $431,863 $410,549
Vancouver $1,006,400 $1,094,000 $1,110,376
Victoria $696,800 $671,900 $674,237
Edmonton $322,900 $335,400 $379,018
Calgary $418,300 $431,500 $485,444
Saskatoon $290,000 $296,500 $349,411
Regina $266,500 $276,500 $326,770
Toronto $794,800 $772,400 $863,910
Hamilton-Burlington $602,200 $590,273 $627,688
Ottawa-Carleton $420,300 $386,300 $406,092
Quebec City $281,241 $273,607 $266,086
Montreal $363,400 $343,800 $368,558
Fredericton $209,883 $169,554 $196,876
Saint John $199,337 $195,449 $187,519
Halifax-Dartmouth $327,805 $311,249 $316,035
Winnipeg $313,127 $307,320 $302,546

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

Average House Prices by Province May 2019 May 2018 May 2017
National $507,837 $496,084 $530,304
Yukon $425,708 $385,702 $352,372
Northwest Territories $351,976 $431,863 $410,549
British Columbia $707,327 $739,699 $752,514
Alberta $388,568 $395,032 $412,382
Saskatchewan $295,219 $297,640 $302,720
Manitoba $302,311 $300,327 $294,159
Ontario $615,261 $566,433 $598,433
Quebec $323,215 $312,823 $299,542
New Brunswick $192,848 $178,222 $179,384
Prince Edward Island $242,318 $221,638 $187,752
Nova Scotia $269,871 $255,340 $249,518
Newfoundland $233,456 $253,107 $258,297

 

 

Source: CREA – Most Recent Month Reported

 

Monthly General Information

Welcome to the June issue of the News & Rate Advisor.
 
Current Discount Mortgage Rates for Jun 2019   Conventional1 High Ratio2
Variable Rate   3.45% 2.95%
2 Year   3.14% 3.34%
4 Year   3.14% 3.34%
5 Year   3.14% 2.84%
Prime Rate   3.95% 3.95%
Note: * Rates subject to change and OAC.
(1) Conventional – Uninsured, (2) High Ratio – Insured

 

 

 

 

 

 

Canadian Qualifying Rate Jun 2019
Rate 5.34%
Source: Bank of Canada

 

 

 

 

 

 

Current Posted Mortgage Rates Jun 2019 Jun 2018 Jun 2017
1 Year 3.64% 3.49% 3.14%
3 Year 4.29% 4.30% 3.39%
5 Year 5.34% 5.34% 4.64%

 

 

 

 

 

 

Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

Nationwide Building Permits Apr 2019 Apr 2018 Apr 2017
Residential $5,767,275,000 $5,393,559,000 $4,526,519,000
Commercial $3,431,054,000 $2,704,196,000 $2,580,695,000
Total $9,198,329,000 $8,097,755,000 $7,107,214,000

 

 

 

 

 

 

Source: Stats Canada – preliminary figures

 

 

 

 

 

 

 

 

 

 

 

Current Bank of Canada Rate & Prime Rates Jun 2019 Jun 2018 Jun 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 Apr 2019 Apr 2018 Apr 2017
Yellowknife $469,259 $378,114 $391,750
Vancouver $1,008,400 $1,092,000 $1,056,136
Victoria $690,200 $666,700 $629,040
Edmonton $320,900 $334,400 $377,774
Calgary $411,100 $430,700 $475,516
Saskatoon $287,700 $294,100 $346,486
Regina $262,200 $275,600 $316,978
Toronto $789,100 $766,300 $920,791
Hamilton-Burlington $598,700 $569,490 $611,090
Ottawa-Carleton $411,600 $382,000 $409,838
Quebec City $315,706 $278,726 $265,833
Montreal $360,900 $341,300 $364,373
Fredericton $209,962 $172,995 $190,314
Saint John $184,140 $199,136 $172,547
Halifax-Dartmouth $316,313 $315,365 $306,240
Winnipeg $314,081 $306,698 $302,983

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

Current Discount Mortgage Rates for May 2019   Conventional1 High Ratio2
Variable Rate   3.45% 2.95%
2 Year   3.14% 3.34%
4 Year   3.19% 3.34%
5 Year   3.09% 2.99%
Prime Rate   3.95% 3.95%
Note: * Rates subject to change and OAC.
(1) Conventional – Uninsured, (2) High Ratio – Insured

 

 

 

 

 

 

 

Canadian Qualifying Rate May 2019
Rate 5.34%
Source: Bank of Canada

 

 

 

 

 

 

 

Current Posted Mortgage Rates May 2019 May 2018 May 2017
1 Year 3.64% 3.49% 3.14%
3 Year 4.29% 4.30% 3.39%
5 Year 5.34% 5.34% 4.64%

 

 

 

 

 

 

 

 

Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nationwide Building Permits Mar 2019 Mar 2018 Mar 2017
Residential $4,574,980,000 $5,012,058,000 $4,587,636,000
Commercial $3,167,839,000 $2,756,547,000 $2,481,015,000
Total $7,742,819,000 $7,768,605,000 $7,068,651,000

 

 

 

 

 

 

 

 

Source: Stats Canada – preliminary figures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current Bank of Canada Rate & Prime Rates May 2019 May 2018 May 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 Mar 2019 Mar 2018 Mar 2017
Yellowknife $363,361 $429,808 $394,677
Vancouver $1,011,200 $1,084,000 $991,690
Victoria $683,900 $658,600 $640,802
Edmonton $319,000 $333,500 $371,680
Calgary $409,400 $430,400 $472,491
Saskatoon $283,700 $293,200 $343,112
Regina $264,100 $280,000 $316,341
Toronto $779,100 $760,800 $916,567
Hamilton-Burlington $591,300 $546,912 $607,846
Ottawa-Carleton $405,500 $376,800 $388,400
Quebec City $311,982 $260,481 $256,929
Montreal $357,600 $338,200 $359,708
Fredericton $180,950 $164,935 $182,850
Saint John $184,478 $161,402 $166,430
Halifax-Dartmouth $339,397 $300,588 $294,246
Winnipeg $302,631 $304,111 $298,329

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average House Prices by Province Mar 2019 Mar 2018 Mar 2017
National $481,745 $491,065 $548,517
Yukon $407,715 $361,898 $352,774
Northwest Territories $363,361 $429,808 $394,677
British Columbia $686,656 $726,803 $690,597
Alberta $381,280 $392,493 $404,804
Saskatchewan $275,808 $281,645 $294,787
Manitoba $296,086 $293,149 $289,503
Ontario $594,297 $576,950 $672,584
Quebec $311,982 $295,598 $288,691
New Brunswick $171,380 $164,527 $162,099
Prince Edward Island $233,096 $210,719 $187,977
Nova Scotia $265,513 $233,515 $222,411
Newfoundland $236,712 $248,897 $251,555

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

Current Discount Mortgage Rates for Apr 2019   Conventional1 High Ratio2
Variable Rate   3.45% 2.95%
2 Year   3.32% 3.32%
4 Year   3.24% 3.24%
5 Year   3.29% 3.19%
Prime Rate   3.95% 3.95%
Note: * Rates subject to change and OAC.
(1) Conventional – Uninsured, (2) High Ratio – Insured

 

 

 

 

 

 

 

 

Canadian Qualifying Rate Apr 2019
Rate 5.34%
Source: Bank of Canada

 

 

 

 

 

 

 

 

Current Posted Mortgage Rates Apr 2019 Apr 2018 Apr 2017
1 Year 3.64% 3.34% 3.14%
3 Year 4.29% 4.15% 3.39%
5 Year 5.34% 5.14% 4.64%

 

 

 

 

 

 

 

 

 

 

Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nationwide Building Permits Feb 2019 Feb 2018 Feb 2017
Residential $3,343,627,000 $5,221,564,000 $5,002,162,000
Commercial $2,210,151,000 $2,860,977,000 $2,429,048,000
Total $5,553,778,000 $8,082,541,000 $7,431,210,000

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

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

 

Current Discount Mortgage Rates for Mar 2019   Conventional1 High Ratio2
Variable Rate   3.45% 2.95%
2 Year   3.39% 3.69%
4 Year   3.49% 3.49%
5 Year   3.49% 3.49%
Prime Rate   3.95% 3.95%
Note: * Rates subject to change and OAC.
(1) Conventional – Uninsured, (2) High Ratio – Insured

 

 

 

 

 

 

 

 

 

 

Canadian Qualifying Rate Mar 2019
Rate 5.34%
Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

Current Posted Mortgage Rates Mar 2019 Mar 2018 Mar 2017
1 Year 3.64% 3.34% 3.14%
3 Year 4.29% 4.15% 3.39%
5 Year 5.34% 5.14% 4.64%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nationwide Building Permits Jan 2019 Jan 2018 Jan 2017
Residential $4,280,072,000 $5,296,219,000 $5,092,960,000
Commercial $2,259,889,000 $3,087,552,000 $2,549,196,000
Total $6,539,961,000 $8,383,771,000 $7,642,156,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Stats Canada – preliminary figures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current Bank of Canada Rate & Prime Rates Mar 2019 Mar 2018 Mar 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 Jan 2019 Jan 2018 Jan 2017
Yellowknife $225,343 $372,550 $341,890
Vancouver $1,019,600 $1,056,500 $878,242
Victoria $680,200 $633,400 $589,082
Edmonton $317,200 $359,134 $355,841
Calgary $410,200 $426,500 $451,242
Saskatoon $286,500 $293,300 $335,121
Regina $266,600 $279,400 $297,532
Toronto $761,800 $743,200 $770,745
Hamilton-Burlington $582,300 $531,610 $516,128
Ottawa-Carleton $396,300 $370,100 $379,369
Quebec City $269,763 $263,531 $259,509
Montreal $349,300 $330,500 $351,255
Fredericton $171,669 $175,873 $174,058
Saint John $165,344 $183,373 $164,126
Halifax-Dartmouth $309,597 $291,070 $265,237
Winnipeg $280,449 $280,439 $272,553

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average House Prices by Province Jan 2019 Jan 2018 Jan 2017
National $454,776 $481,562 $470,253
Yukon $338,561 $326,619 $333,353
Northwest Territories $225,343 $372,550 $341,890
British Columbia $665,315 $721,061 $621,093
Alberta $361,333 $380,230 $383,040
Saskatchewan $273,720 $287,086 $288,703
Manitoba $267,314 $270,303 $267,068
Ontario $554,936 $543,988 $556,631
Quebec $306,177 $293,646 $283,984
New Brunswick $162,043 $168,522 $161,656
Prince Edward Island $208,971 $222,533 $188,246
Nova Scotia $234,202 $224,551 $202,794
Newfoundland $250,562 $243,824 $240,860

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

Current Discount Mortgage Rates for Feb 2019   Conventional1 High Ratio2
Variable Rate   3.25% 2.95%
2 Year   3.62% 3.74%
4 Year   3.74% 3.84%
5 Year   3.69% 3.69%
Prime Rate   3.95% 3.95%
Note: * Rates subject to change and OAC.
(1) Conventional – Uninsured, (2) High Ratio – Insured

 

 

 

 

 

 

 

 

 

 

 

 

Canadian Qualifying Rate Feb 2019
Rate 5.34%
Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

Current Posted Mortgage Rates Feb 2019 Feb 2018 Feb 2017
1 Year 3.64% 3.34% 3.14%
3 Year 4.29% 4.15% 3.39%
5 Year 5.34% 5.14% 4.64%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Bank of Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nationwide Building Permits Dec 2018 Dec 2017 Dec 2016
Residential $4,458,209,000 $5,028,174,000 $4,937,251,000
Commercial $3,029,159,000 $2,942,157,000 $2,288,753,000
Total $7,487,368,000 $7,970,331,000 $7,226,004,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: Stats Canada – preliminary figures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current Bank of Canada Rate & Prime Rates Feb 2019 Feb 2018 Feb 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 Dec 2018 Dec 2017 Dec 2016
Yellowknife $431,554 $422,572 $451,414
Vancouver $1,032,400 $1,050,300 $948,246
Victoria $686,100 $625,800 $585,267
Edmonton $319,200 $357,126 $357,916
Calgary $413,900 $427,400 $480,188
Saskatoon $289,600 $295,100 $338,147
Regina $267,400 $282,900 $311,909
Toronto $764,200 $743,500 $730,472
Hamilton-Burlington $584,100 $529,774 $481,997
Ottawa-Carleton $394,700 $369,400 $388,411
Quebec City $271,689 $274,743 $261,317
Montreal $348,700 $330,900 $360,174
Fredericton $176,613 $175,531 $175,379
Saint John $181,576 $295,482 $158,439
Halifax-Dartmouth $297,599 $298,755 $274,142
Winnipeg $298,389 $289,155 $279,651

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average House Prices by Province Dec 2018 Dec 2017 Dec 2016
National $472,280 $469,532 $470,661
Yukon $408,924 $432,462 $355,550
Northwest Territories $431,554 $422,572 $451,414
British Columbia $695,385 $733,744 $654,699
Alberta $372,859 $380,316 $395,694
Saskatchewan $286,149 $283,548 $289,944
Manitoba $282,121 $278,913 $273,327
Ontario $559,957 $559,102 $535,969
Quebec $314,952 $298,780 $289,551
New Brunswick $174,639 $158,014 $159,478
Prince Edward Island $214,044 $197,040 $186,573
Nova Scotia $241,357 $241,055 $213,313
Newfoundland $249,345 $252,029 $251,461

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: CREA – Most Recent Month Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Welcome to the January 2019 issue of the News & Rate Advisor.

 

Current Discount Mortgage Rates for Jan 2019

 

Conventional1

High Ratio2

Variable Rate

 

3.30%

2.95%

2 Year

 

3.62%

3.19%

4 Year

 

3.70%

3.69%

5 Year

 

3.59%

3.49%

Prime Rate

 

3.95%

3.95%

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

 

 

Canadian Qualifying Rate

Jan 2019

Rate

No rate defined for this month

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average House Prices by Province Aug 2018 Aug 2017 Aug 2016
National $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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current Posted Mortgage Rates Sep 2018 Sep 2017 Sep 2016
1 Year 3.49% 3.24% 3.14%
3 Year 4.30% 3.64% 3.39%
5 Year 5.34% 4.89% 4.64%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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