CAAMP has recently released a report on potential rate increases and their impact on mortgage debt levels.
To view a copy visit www.caamp.org

Bank of Canada Interest Rate

December 8, 2009	0.25%
January 19, 2010	0.25%*
March 2, 2010	Next meeting date

Source: Bank of Canada
*Bank of Canada statement included reference to hold rate to end of second quarter 2010

Bank Prime Lending Rate

December 9, 2009	2.25%
January 20, 2010	2.25%
March 3, 2010	Next meeting date

Source: Bank of Canada

US Federal Reserve Board Discount Rate

December 15, 2009	0.00% – 0.25%
January 27, 2010	0.00% – 0.25%
March 16, 2010	Next meeting date

Source: US Federal Reserve

Exchange Rate $CDN($US)

December 24, 2009	.9525
January 15, 2010	.9714
January 27, 2010	.9392

Source: Bank of Canada

Government of Canada Bonds

Bond Type	December 23, 2009	January 13, 2010	January 27, 2010
1 year Treasury Bill	0.66%	0.60%	0.56%
3 year Benchmark Bond Yield	1.82%	1.80%	1.66%
5 year Benchmark Bond Yield	2.70%	2.72%	2.46%
10 year Benchmark Bond Yield	3.57%	3.61%	3.35%

Source: Bank of Canada

Total New Housing Starts (Seasonable adjusted and annualized)

Province	October 2009	October 2008	November 2009	November 2008	December 2009	December 2008
Newfoundland/Labrador	2,900	3,100	3,200	2,700	4,200	4,000
PEI	1,200	600	1,000	800	1,300	900
Nova Scotia	4,000	4,300	2,800	3,600	2,900	3,000
New Brunswick	3,600	5,000	3,900	3,900	3,600	3,000
Quebec	37,200	48,400	40,400	48,200	51,600	44,000
Ontario	57,600	82,600	53,000	58,300	56,300	66,100
Manitoba	4,200	5,800	4,200	5,900	3,400	6,400
Saskatchewan	3,600	4,900	6,100	5,700	4,500	4,700
Alberta	25,000	24,700	24,800	20,400	27,800	20,000
British Columbia	18,200	32,300	19,200	22,400	22,200	23,100
Canada	157,400	211,800	158,500	172,000	177,800	172,200

Source: CMHC Housing Now – December 2009 and December 2008.
This seasonally adjusted data goes through stages of revision at different times of the year.

Average MLS resale price for local markets

City	December 2008	December 2009
Halifax	$234,063	$246,380
Saint John	$156,923	$178,037
Quebec	$203,239	$231,235
Montreal	$267,050	$285,356
Ottawa	$272,672	$311,604
Toronto	$361,284	$411,931
Hamilton/Burlington	$240,073	$285,795
Winnipeg	$182,814	$209,963
Saskatoon	$266,411	$291,554
Calgary	$362,557	$394,300
Edmonton	$310,974	$319,201
Vancouver	$560,953	$627,582
Victoria	$444,222	$522,211

Source: Canadian Real Estate Association

Royal Lepage 2009 Q4 Hourse Price Survey

Detached Bungalows

Market	Q4 2009 Average	Last Quarter Average	Q4 2008 Average	Bungalow % Change
Halifax	239,000	241,000	215,000	10.7%
Charlottetown	160,000	160,000	157,000	1.9%
Moncton	152,300	165,240	150,000	1.5%
Fredericton	182,000	180,000	162,000	12.3%
Saint John	228,000	177,980	225,064	1.3%
St. John’s	217,167	215,000	190,050	14.3%
Montreal	248,157	240,045	237,855	4.3%
Ottawa	332,417	328,667	321,333	3.4%
Toronto	446,214	437,929	405,917	9.9%
Winnipeg	241,650	240,875	219,886	9.9%
Regina	273,000	273,000	274,167	-0.4%
Saskatoon	310,500	311,500	300,000	3.5%
Calgary	412,478	401,944	410,333	0.5%
Edmonton	299,286	308,571	301,429	-0.7%
Vancouver	828,750	802,500	743,750	11.4%
Victoria	474,000	465,000	440,000	7.7%
National	315,055	309,328	297,111	6.04%

Standard Two Storey

Market	Q4 2009 Average	Last Quarter Average	Q4 2008 Average	2 Storey % Change
Halifax	265,333	265,333	260,667	1.8%
Charlottetown	195,000	190,000	188,000	3.7%
Moncton	131,000	137,000	126,000	4.0%
Fredericton	210,000	205,000	210,000	0.0%
Saint John	299,000	237,905	294,625	1.5%
St. John’s	298,833	296,667	261,800	14.1%
Montreal	357,888	343,480	308,018	3.3%
Ottawa	331,917	327,833	320,083	3.7%
Toronto	554,175	561,725	544,842	3.5%
Winnipeg	275,500	265,938	250,529	10.0%
Regina	259,000	251,500	245,000	5.7%
Saskatoon	338,750	340,750	328,750	3.0%
Calgary	427,067	414,556	417,511	2.3%
Edmonton	340,557	327,429	344,636	-1.2%
Vancouver	917,500	904,750	837,500	9.6%
Victoria	449,000	449,000	433,000	3.7%
National	353,026	344,929	335,689	5.2%

Standard Condominium

Market	Q4 2009 Average	Last Quarter Average	Q4 2008 Average	Condo % Change
Halifax	167,000	196,500	159,500	4.7%
Charlottetown	122,000	120,000	120,000	1.7%
Moncton
Fredericton	145,000	145,000	133,000	9.0%
Saint John	160,000	136,876	158,283	1.1%
St. John’s	230,333	230,000	203,000	13.5%
Montreal	220,625	213,278	186,706	5.0%
Ottawa	218,167	213,583	207,833	5.0%
Toronto	309,316	300,632	300,722	2.9%
Winnipeg	153,929	145,614	133,083	15.7%
Regina	185,000	185,000	172,917	7.0%
Saskatoon	197,500	210,000	186,500	5.9%
Calgary	256,056	249,500	257,189	-0.4%
Edmonton	213,380	213,250	206,854	3.2%
Vancouver	452,750	445,500	405,000	11.8%
Victoria	265,000	275,000	265,000	0.0%
National	205,756	204,358	193,474	6.35%

Source: Royal Lepage

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