| Government of Canada Bonds |
| Bond Type |
January 28, 2009
|
February 11, 2009
|
February 25, 2009
|
| 1 Year Treasury Bill |
0.98%
|
0.82%
|
0.80%
|
| 3 Year Benchmark Bond Yield |
1.61%
|
1.69%
|
1.72%
|
| 5 Year Benchmark Bond Yield |
2.03%
|
2.12%
|
2.11%
|
| 10 Year Benchmark Bond Yield |
2.97%
|
2.94%
|
2.95%
|
|
| Source: Bank of Canada |
| Total New Housing Starts (Seasonable adjusted and annualized) |
| Province |
November 2008
|
November
2007
|
December
2008
|
December
2007
|
January 2009
|
January
2008
|
| Newfoundland/Labrador |
2,700
|
3,000
|
4,000
|
2,900
|
3,600
|
2,400
|
| PEI |
800
|
1,000
|
900
|
600
|
600
|
500
|
| Nova Scotia |
3,600
|
4,200
|
3,000
|
4,400
|
2,800
|
3,300
|
| New Brunswick |
3,900
|
3,800
|
3,000
|
4,500
|
3,800
|
4,500
|
| Quebec |
48,200
|
39,600
|
44,000
|
39,200
|
45,300
|
47,900
|
| Ontario |
58,300
|
76,300
|
63,100
|
51,700
|
54,700
|
72,700
|
| Manitoba |
5,900
|
5,000
|
6,400
|
4,600
|
3,600
|
5,800
|
| Saskatchewan |
5,700
|
5,100
|
4,700
|
5,000
|
3,800
|
6,000
|
| Alberta |
20,400
|
42,600
|
20,000
|
37,900
|
17,200
|
41,700
|
| British Columbia |
22,400
|
47,800
|
23,100
|
33,900
|
18,100
|
38,900
|
| CANADA |
172,000
|
228,500
|
172,200
|
184,700
|
153,500
|
222,700
|
|
| Source: CMHC Housing Now – February 2009 and February 2008. This seasonally adjusted data goes through stages of revision at different times of the year. |
|
|
Average MLS resale price for local markets
|
| City |
January 2008
|
January 2009
|
| Halifax |
$218,505
|
$242,861
|
| Montreal |
$247,013
|
$252,450
|
| Ottawa |
$285,736
|
$290,930
|
| Toronto |
$374,449
|
$343,632
|
| Hamilton/Burglington |
$278,189
|
$264,549
|
| Winnipeg |
$174,902
|
$183,873
|
| Saskatoon |
$259,444
|
$278,545
|
| Calgary |
$408,672
|
$362,143
|
| Edmonton |
$352,051
|
$317,049
|
| Vancouver |
$588,183
|
$536,162
|
|
|
Source: Canadian Real Estate Association
Here are a few of my favorite past articles from my Lethbridge real estate and mortgage blog you might have missed or wish to recommend them to a friend.
Common Financial Problems - Avoid these financial mistakes
Get Your Credit Score UP - Invaluable insight into your credit score
Mortgage Guidelines Get Tighter - Harder and harder to borrow money
Is Your Mortgage Company Out of Business in 2009? - What to do when your bank goes broke
What is wrong with MLS - Is your info being abused?
Survivor - Real Estate Edition - Let's vote a few more off the island
Robert May is a Realtor, as well as the broker and owner of Rainbow Realty of Lethbridge Alberta. He is also a licensed mortgage associate and financing expert with Canada First Mortgage of Calgary Alberta. He has been in the real estate industry since 1993 and offers full MLS real estate services to Lethbridge and surrounding area, as well as mortgage financing, refinancing/renewals, preapprovals, and home equity financing to Lethbridge and Southern Alberta. He can be found online at www.LethbridgeLoans.com
Let me share my 15 years experience in the local Lethbridge real estate and financing market with you! It is the first step towards making a profitable real estate decision.
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