Welcome to the August issue of the News & Rate Advisor.
| Variable Rate |
|
2.20% |
| 1 Year |
|
2.44% |
| 3 Year |
|
2.69% |
| 5 Year |
|
2.94% |
| Prime Rate |
|
2.95% |
| Bank Rate |
1.00% |
0.50% |
0.75% |
| Prime Rate |
2.95% |
2.70% |
2.70% |
Source: Bank of Canada
| Residential |
$5,049,684,000 |
$4,108,128,000 |
$4,598,442,000 |
| Commercial |
$3,012,341,000 |
$2,313,366,000 |
$3,189,988,000 |
| Total |
$8,062,025,000 |
$6,421,494,000 |
$7,788,430,000 |
Source: Stats Canada - preliminary figures
| National |
$504,458 |
$503,301 |
$453,560 |
| Yukon |
$380,580 |
$351,768 |
$372,835 |
| Northwest Territories |
$414,505 |
$380,284 |
$449,567 |
| British Columbia |
$725,704 |
$694,925 |
$631,962 |
| Alberta |
$412,358 |
$397,269 |
$403,087 |
| Saskatchewan |
$285,811 |
$297,837 |
$302,741 |
| Manitoba |
$292,791 |
$284,798 |
$273,369 |
| Ontario |
$547,402 |
$544,009 |
$477,829 |
| Quebec |
$299,827 |
$287,637 |
$278,567 |
| New Brunswick |
$177,807 |
$170,044 |
$164,122 |
| Prince Edward Island |
$219,235 |
$192,115 |
$162,885 |
| Nova Scotia |
$240,776 |
$226,272 |
$164,122 |
| Newfoundland |
$258,235 |
$270,664 |
$280,605 |
Source: CREA - Most Recent Month Reported
| Yellowknife |
$414,505 |
$380,284 |
$449,567 |
| Vancouver |
$1,053,655 |
$1,026,207 |
$922,326 |
| Victoria |
$674,952 |
$587,908 |
$536,553 |
| Edmonton |
$393,212 |
$378,045 |
$378,050 |
| Calgary |
$483,106 |
$466,717 |
$465,965 |
| Saskatoon |
$338,709 |
$334,529 |
$350,689 |
| Regina |
$294,991 |
$321,726 |
$315,904 |
| Toronto |
$793,915 |
$746,546 |
$639,184 |
| Hamilton-Burlington |
$560,113 |
$513,971 |
$449,945 |
| Ottawa-Carleton |
$410,032 |
$378,389 |
$383,676 |
| Quebec City |
$277,041 |
$273,869 |
$270,850 |
| Montreal |
$373,780 |
$353,535 |
$341,085 |
| Fredericton |
$194,571 |
$189,239 |
$179,389 |
| Saint John |
$188,119 |
$179,633 |
$159,487 |
| Halifax-Dartmouth |
$290,008 |
$290,421 |
$291,212 |
| Winnipeg |
$302,900 |
$294,619 |
$281,349 |
Source: CREA - Most Recent Month Reported
