Canada Guaranty Mortgage Insurance Benefits

Archive for August, 2011

July 2011: Monthly Indicator Recap


Presented below are figures for the month ending July 31, 2011.
(Download to print PDF)

HOUSING INDICATORS* DIRECTION % CHANGE
(vs. last month)
JULY LEVELS
Volume of MLS® Home Listings 1.32% 72,416
Volume of MLS® Home Sales -0.23% 37,492
Average MLS® Sale Price
(Canada)
-0.28% $362,423
ECONOMIC INDICATORS** DIRECTION % CHANGE
(vs. last month)
RATES
Unemployment Rate
(July 2011)
-0.20% 7.20%
GDP
(May 2011)
-0.30% N/A
Retail Sales
(May 2011)
0.10% N/A
Consumer Price Index
(June 2011)

3.10%
(Year‐o‐year, June)

N/A
FINANCIAL INDICATORS DIRECTION % CHANGE
(vs. last month)
RATES
Prime Rate** 0.00% 3.00%
5 Year Fixed Posted Mortgage Rate*** 0.00% 5.39%

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

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