Effective July 20, 2009
GET THE MORTGAGE THAT MEETS YOUR NEEDS
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Posted Rate %
Best Rate %
1-year
...
Posted by Constantine Isslamow
on July 20, 2009
Average House Prices by City
May 2009
May 2008
May 2007
Yellowknife
$337,577
$331,939
$316,443
Vancouver
$583,674
$624,639
$591,722
Victoria
$482,119
$514,100
$560,574
Edmonton
$326,332
$340,499
$357,839
Calgary
$382,632
$418,881
$429,298 ...
Posted by Constantine Isslamow
on July 17, 2009
Average House Prices by Province
May 2009
May 2008
May 2007
National
$319,757
$318,761
$314,258
Yukon
$309,039
$304,871
$258,731
Northwest Territories
$337,577
$331,939
$316,443
British Columbia
$465,139
$477,448
$454,962
Alberta
$339,296 ...
Posted by Constantine Isslamow
on July 17, 2009
2009
Listings
Sales
Sales/Listings Ratio
Average Sale Price
Area
Month
YTD
Month
YTD
Month
YTD
Month
12 Month
1UHTS,1NORT,1CENT,1SOUT
36
202
29
138
81%
68%
$224,510
$217,199
2NORT,2CENT,2SOUT
48
267 ...
Posted by Constantine Isslamow
on July 11, 2009
Peterborough and The Kawarthas Number of Units Sold by
Price, Average Days on Market and Sale to List%
January 1, 2009 - June 30, 2009
Price
Units Sold
Average Days
Sale to List %
<30,000
0
0
0
30000-39999
1
98
80
40000-49999
2
68
76
50000-59999
0
0 ...
Posted by Constantine Isslamow
on July 8, 2009
April 1, 2009 through June 30, 2009
Price Range
Current # of Listings
Avg # of Sales Per Month
Selling Price % of List Price
Ave Days on Market
Remaining # Months Inventory
$<145,000
16
5
96
55
3.2
$145-185
54
29
97
47
1.9
$185-225
56
39
98 ...
Posted by Constantine Isslamow
on July 8, 2009
SUB-DISTRICT 1-5 SINGLE FAMILY HOMES
Residential
Unit Sales
Number of Bedrooms
Active
Listings
Price Class
2 or Less
3
4 or More
Price Class
2 or Less
3
4 or More
Under $100,000
0
0
0
Under $100,000
2
0
0
$100,000 - 149,999
2
5
1
$100,000 ...
Posted by Constantine Isslamow
on July 8, 2009
There seems to be good news coming out of the States for our fellow REALTORS.
Although in a few recent interviews with Federal Chairman Bernanke it was revealed that the economy would probably start to slowly recover in 2010, NAR has reported a projected sales volume of 4.68 million transactions for 2009.
So what does that mean? Well, that's only slightly down from 2008 (which had a volume of 4.9 ...
Posted by Constantine Isslamow
on July 8, 2009
Bank of Canada Interest Rate
April 21, 2009
0.25%*
June 4, 2009
0.25%
July 21, 2009
Next meeting date
Source: Bank of Canada
* Bank of Canada indicated it would keep interest rate at this level until June 2010
Bank Prime Lending Rate
April 22, 2009
2.25% ...
Posted by Constantine Isslamow
on July 2, 2009
The Bank carries out monetary policy by influencing short-term interest rates. It does this by raising and lowering the target for the overnight rate.
The overnight rate is the interest rate at which major financial institutions borrow and lend one-day (or "overnight") funds among themselves; the Bank sets a target level for that rate. This target for the overnight rate is often referred to as the ...
Posted by Constantine Isslamow
on June 30, 2009