Welcome to the December issue of the News & Rate Advisor.
| Variable Rate | 2.20% |
| 1 Year | 2.29% |
| 2 Year | 2.19% |
| 3 Year | 2.24% |
| 4 Year | 2.54% |
| 5 Year | 2.84% |
| 7 Year | 3.44% |
| 10 Year | 3.84% |
| Prime Rate | 2.70% |
| 1 Year | 3.14% | 3.14% | 3.14% |
| 3 Year | 3.39% | 3.44% | 3.95% |
| 5 Year | 4.64% | 4.79% | 5.34% |
Source: Bank of Canada
| Residential | $4,841,850,000 | $4,494,206,000 | $4,430,635,000 |
| Commercial | $2,863,541,000 | $3,144,482,000 | $2,806,537,000 |
| Total | $7,705,391,000 | $7,638,688,000 | $7,237,172,000 |
Source: Stats Canada - preliminary figures
| Bank Rate | 0.75% | 1.25% | 1.25% |
| Prime Rate | 2.70% | 3.00% | 3.00% |
Source: Bank of Canada
| Yellowknife | $330,708 | $405,332 | $402,000 |
| Vancouver | $947,334 | $819,336 | $775,542 |
| Victoria | $543,459 | $505,859 | $473,820 |
| Edmonton | $371,756 | $365,520 | $332,461 |
| Calgary | $444,535 | $465,047 | $436,216 |
| Saskatoon | $342,553 | $349,322 | $331,750 |
| Regina | $316,025 | $331,161 | $316,810 |
| Toronto | $630,876 | $587,505 | $539,058 |
| Hamilton-Burlington | $436,562 | $420,565 | $384,534 |
| Ottawa-Carleton | $358,950 | $357,887 | $363,240 |
| Quebec City | $254,831 | $258,406 | $263,803 |
| Montreal | $339,436 | $344,273 | $333,610 |
| Fredericton | $176,788 | $169,063 | $175,968 |
| Saint John | $175,557 | $158,041 | $153,697 |
| Halifax-Dartmouth | $264,487 | $264,447 | $265,339 |
| Winnipeg | $271,759 | $270,605 | $271,946 |
Source: CREA - Most Recent Month Reported
| National | $454,976 | $419,699 | $391,820 |
| Yukon | $356,290 | $275,750 | $352,932 |
| Northwest Territories | $330,708 | $405,332 | $402,000 |
| British Columbia | $667,480 | $575,504 | $540,432 |
| Alberta | $384,381 | $400,027 | $377,084 |
| Saskatchewan | $292,949 | $306,812 | $289,890 |
| Manitoba | $264,739 | $263,159 | $264,148 |
| Ontario | $471,654 | $445,109 | $413,408 |
| Quebec | $275,701 | $277,677 | $273,436 |
| New Brunswick | $161,338 | $153,312 | $155,414 |
| Prince Edward Island | $163,236 | $174,871 | $154,576 |
| Nova Scotia | $207,657 | $202,749 | $203,144 |
| Newfoundland | $258,459 | $266,346 | $272,267 |
Source: CREA - Most Recent Month Reported
|
