Canada Guaranty

October 2010: Monthly Indicator Recap

Presented below are figures for the month ending October 31, 2010.
(Download to print PDF)

HOUSING INDICATORS*	DIRECTION	% CHANGE (vs. last month)	OCTOBER LEVELS
Volume of MLS® Home Listings		+1.30%	68,250
Volume of MLS® Home Sales		+4.60%	35,345
Average MLS® Sale Price (Canada)		+3.82%	$343,747
ECONOMIC INDICATORS**	DIRECTION	% CHANGE (vs. last month)	RATES
Unemployment Rate (October 2010)		-0.10%	7.90%
GDP (August 2010)		+0.30%	N/A
Retail Sales (August 2010)		+0.50%	N/A
Consumer Price Index (September 2010)		+1.90% (Year‐to‐year, Sept.)	N/A
FINANCIAL INDICATORS	DIRECTION	% CHANGE (vs. last month)	RATES
Prime Rate**		0.00%	3.00%
5 Year Fixed Posted Mortgage Rate***		‐0.10%	5.19%

MLS® is a registered certification mark owned by The Canadian Real Estate Association.
*Seasonally adjusted month-to-month results; Source:  The Canadian Real Estate Association
** Source: Statistics Canada
*** Source: RBC

To view comprehensive quarterly reports on key housing market indicators, please visit Housing Market Reviews.

September 2010: Monthly Indicator Recap

Presented below are figures for the month ending September 30, 2010.
(Download to print PDF)

HOUSING INDICATORS*	DIRECTION	% CHANGE (vs. last month)	SEPTEMBER LEVELS
Volume of MLS® Home Listings		+0.70%	67,374
Volume of MLS® Home Sales		+3.00%	33,791
Average MLS® Sale Price (Canada)		+1.90%	$331,089
ECONOMIC INDICATORS**	DIRECTION	% CHANGE (vs. last month)	RATES
Unemployment Rate (September 2010)		-0.10%	8.00%
GDP (July 2010)		-0.10%	N/A
Retail Sales (August 2010)		+0.50%	N/A
Consumer Price Index (September 2010)		+1.90% (Year‐to‐year, Sept.)	N/A
FINANCIAL INDICATORS	DIRECTION	% CHANGE (vs. last month)	RATES
Prime Rate**		+0.25%	3.00%
5 Year Fixed Posted Mortgage Rate***		‐0.10%	5.29%

MLS® is a registered certification mark owned by The Canadian Real Estate Association. 
*Seasonally adjusted month-to-month results; Source: The Canadian Real Estate Association
** Source: Statistics Canada
*** Source: RBC

To view comprehensive quarterly reports on key housing market indicators, please visit Housing Market Reviews.

FLEX 95 ADVANTAGE™

Progress Draw Advantage™

DOWNPAYMENT ADVANTAGE™

LIFESTYLE ADVANTAGE™

LOW DOC ADVANTAGE™

MAPLE LEAF ADVANTAGE™

Credit requirements are based on the loan-to-value ratio of the borrower.
90.01%-95%:12 months rental payment history, confirmed via letter from  the borrower’s landlord and supported by 12 months of bank  statements confirming rental payments.
AND
At least one utility payment confirmed via letter from the service provider or 12 months of bill statements confirming regular payments.
90% or Less: 6 months verifiable bank statements from a recognized Canadian financial institution or from a financial institution of the country of origin.
AND
6 consecutive months of 2 verifiable monthly payments (i.e. utilities) in good standing.
*All forms of alternative credit confirmation used to qualify must have been established in Canada.

PURCHASE ADVANTAGE PLUS™

REFINANCE ADVANTAGE™