March 2011: Monthly Indicator Recap
April 19th, 2011 | Monthly Indicator Recaps, News Releases
Presented below are figures for the month ending March 31, 2011.
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| HOUSING INDICATORS* | DIRECTION | % CHANGE (vs. last month) |
MARCH LEVELS |
|---|---|---|---|
| Volume of MLS® Home Listings | -5.25% | 68,496 | |
| Volume of MLS® Home Sales | +0.03% | 38,710 | |
| Average MLS® Sale Price (Canada) |
+1.29% | $371,053 | |
| ECONOMIC INDICATORS** | DIRECTION | % CHANGE (vs. last month) |
RATES |
| Unemployment Rate (March 2011) |
-0.10% | 7.70% | |
| GDP (January 2011) |
+0.50% | N/A | |
| Retail Sales (January 2011) |
-0.30% | N/A | |
| Consumer Price Index (January 2011) |
+2.20% |
N/A | |
| FINANCIAL INDICATORS | DIRECTION | % CHANGE (vs. last month) |
RATES |
| Prime Rate** | 0.00% | 3.00% | |
| 5 Year Fixed Posted Mortgage Rate*** | +0.25% | 5.44% |
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



