Welcome to the December issue of the News & Rate Advisor.
| Variable Rate | | 3.30% | 2.75% |
| 1 Year | | 3.49% | 3.49% |
| 3 Year | | 3.65% | 3.39% |
| 5 Year | | 3.79% | 3.59% |
| Prime Rate | | 3.95% | 3.95% |
| Bank Rate | 2.00% | 1.25% | 0.75% |
| Prime Rate | 3.95% | 3.20% | 2.70% |
Source: Bank of Canada
| Residential | $5,821,791,000 | $4,754,561,000 | $5,220,944,000 |
| Commercial | $3,452,960,000 | $3,541,688,000 | $2,549,673,000 |
| Total | $9,274,751,000 | $8,296,249,000 | $7,770,617,000 |
Source: Stats Canada - preliminary figures
| National | $496,763 | $481,922 | $481,994 |
| Yukon | $401,491 | $362,733 | $313,723 |
| Northwest Territories | $427,371 | $428,913 | $308,310 |
| British Columbia | $689,719 | $719,946 | $606,787 |
| Alberta | $380,664 | $395,429 | $391,692 |
| Saskatchewan | $281,660 | $280,330 | $284,545 |
| Manitoba | $294,112 | $284,952 | $273,573 |
| Ontario | $588,440 | $562,654 | $561,896 |
| Quebec | $320,156 | $307,745 | $288,979 |
| New Brunswick | $163,111 | $162,740 | $160,651 |
| Prince Edward Island | $192,014 | $217,182 | $189,979 |
| Nova Scotia | $229,770 | $227,245 | $213,046 |
| Newfoundland | $239,373 | $248,956 | $254,207 |
Source: CREA - Most Recent Month Reported
| Yellowknife | $427,371 | $428,913 | $308,310 |
| Vancouver | $1,062,100 | $1,042,300 | $891,705 |
| Victoria | $693,600 | $620,400 | $615,066 |
| Edmonton | $324,000 | $370,484 | $364,004 |
| Calgary | $422,000 | $433,000 | $450,279 |
| Saskatoon | $295,100 | $299,900 | $332,144 |
| Regina | $277,100 | $289,000 | $291,741 |
| Toronto | $766,300 | $747,800 | $762,975 |
| Hamilton-Burlington | $579,600 | $527,991 | $507,131 |
| Ottawa-Carleton | $393,400 | $369,200 | $366,639 |
| Quebec City | $280,787 | $278,672 | $269,925 |
| Montreal | $350,000 | $329,300 | $354,600 |
| Fredericton | $160,076 | $169,754 | $159,325 |
| Saint John | $166,766 | $168,575 | $178,673 |
| Halifax-Dartmouth | $288,293 | $286,026 | $279,611 |
| Winnipeg | $303,860 | $294,843 | $279,421 |
Source: CREA - Most Recent Month Reported
