Welcome to the December issue of the News & Rate Advisor.
| Variable Rate |
|
2.45% |
| 1 Year |
|
2.64% |
| 3 Year |
|
2.84% |
| 5 Year |
|
3.04% |
| Prime Rate |
|
3.20% |
| Bank Rate |
1.25% |
0.75% |
0.75% |
| Prime Rate |
3.20% |
2.70% |
2.70% |
Source: Bank of Canada
| Residential |
$4,940,171,000 |
$5,220,944,000 |
$4,876,246,000 |
| Commercial |
$3,284,486,000 |
$2,549,673,000 |
$2,881,587,000 |
| Total |
$8,224,657,000 |
$7,770,617,000 |
$7,757,833,000 |
Source: Stats Canada - preliminary figures
| National |
$481,922 |
$481,994 |
$454,976 |
| Yukon |
$362,733 |
$313,723 |
$356,290 |
| Northwest Territories |
$428,913 |
$308,310 |
$330,708 |
| British Columbia |
$719,946 |
$606,787 |
$667,480 |
| Alberta |
$395,429 |
$391,692 |
$384,381 |
| Saskatchewan |
$280,330 |
$284,545 |
$292,949 |
| Manitoba |
$284,952 |
$273,573 |
$264,739 |
| Ontario |
$562,654 |
$561,896 |
$471,654 |
| Quebec |
$307,745 |
$288,979 |
$275,701 |
| New Brunswick |
$162,740 |
$160,651 |
$161,338 |
| Prince Edward Island |
$217,182 |
$189,979 |
$163,236 |
| Nova Scotia |
$227,245 |
$213,046 |
$207,657 |
| Newfoundland |
$248,956 |
$254,207 |
$258,459 |
Source: CREA - Most Recent Month Reported
| Yellowknife |
$428,913 |
$308,310 |
$330,708 |
| Vancouver |
$1,042,300 |
$891,705 |
$947,334 |
| Victoria |
$620,400 |
$615,066 |
$543,459 |
| Edmonton |
$370,484 |
$364,004 |
$371,756 |
| Calgary |
$433,000 |
$450,279 |
$444,535 |
| Saskatoon |
$299,900 |
$332,144 |
$342,553 |
| Regina |
$289,000 |
$291,741 |
$316,025 |
| Toronto |
$747,800 |
$762,975 |
$630,876 |
| Hamilton-Burlington |
$527,991 |
$507,131 |
$436,562 |
| Ottawa-Carleton |
$369,200 |
$366,639 |
$358,950 |
| Quebec City |
$278,672 |
$269,925 |
$254,831 |
| Montreal |
$329,300 |
$354,600 |
$339,436 |
| Fredericton |
$169,754 |
$159,325 |
$176,788 |
| Saint John |
$168,575 |
$178,673 |
$175,557 |
| Halifax-Dartmouth |
$286,026 |
$279,611 |
$264,487 |
| Winnipeg |
$294,843 |
$279,421 |
$271,759 |
Source: CREA - Most Recent Month Reported
