MONTHLY INDICATOR RECAPS – October 2011 from Canada Guaranty

It’s already near the end of November, Black Friday is here and from the looks of the snowy covered mountains out my office window…the Winter season is officially upon us!

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I’ve been getting ready to do a year end recap, where we are now, where we came from and where we are going…however this has been an incredibly bizarre year let alone the month of November itself! I have a sneaking suspicious that all trends we usually see, busy Fall, slow winter, crazy Spring – will be knocked out of the park.

Thus I thought we’d all be interested with a quick refresher on our housing market and Canadian economics and financials for the month of October 2011! The monthly indicator recap is from Canada Guaranty, follow the links below to go to their website directly to find more information and the indicators for all other months as well.


October 2011: Monthly Indicator Recap


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

 

HOUSING INDICATORS* DIRECTION % CHANGE
(vs. last month)
OCTOBER LEVELS
Volume of MLS® Home Listings 0.26% 72,739
Volume of MLS® Home Sales 1.26% 38,819
Average MLS® Sale Price
(Canada)
0.65% $363,504
ECONOMIC INDICATORS** DIRECTION % CHANGE
(vs. last month)
RATES
Unemployment Rate
(October 2011)
0.20% 7.30%
GDP
(August 2011)
0.30% N/A
Retail Sales
(August 2011)
0.50% N/A
Consumer Price Index
(September 2011)

3.20% 
(Year?o?year, September)

N/A
FINANCIAL INDICATORS DIRECTION % CHANGE
(vs. last month)
RATES
Prime Rate** 0.00% 3.00%
5 Year Fixed Posted Mortgage Rate*** 0.10% 5.29%

 

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

 

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