December News and Rate Advisor

Courtesy of  Phil Romano, CPMB 905-516-1150 Certified Professional Mortgage Broker #M10002221 Verico House of Mortgage Experts philromano@vhme.ca www.philrom.com

Welcome to the December issue of the News & Rate Advisor. Current Discount Mortgage Rates Dec 2015 Variable Rate 2.20% 1 Year 2.29% 2 Year 2.19% 3 Year 2.24% 4 Year 2.54% 5 Year 2.84% 7 Year 3.44% 10 Year 3.84% Prime Rate 2.70% * Rates subject to change and OAC. Canadian Qualifying Rate Dec 2015 Rate 4.64% Source: Bank of Canada Current Posted Mortgage Rates Dec 2015 Dec 2014 Dec 2013 1 Year 3.14% 3.14% 3.14% 3 Year 3.39% 3.44% 3.95% 5 Year 4.64% 4.79% 5.34% Source: Bank of Canada Nationwide Building Permits Oct 2015 Oct 2014 Oct 2013 Residential $4,841,850,000 $4,494,206,000 $4,430,635,000 Commercial $2,863,541,000 $3,144,482,000 $2,806,537,000 Total $7,705,391,000 $7,638,688,000 $7,237,172,000 Source: Stats Canada - preliminary figures Current Bank of Canada Rate & Prime Rates Dec 2015 Dec 2014 Dec 2013 Bank Rate 0.75% 1.25% 1.25% Prime Rate 2.70% 3.00% 3.00% Source: Bank of Canada Average House Prices by City Oct 2015 Oct 2014 Oct 2013 Yellowknife $330,708 $405,332 $402,000 Vancouver $947,334 $819,336 $775,542 Victoria $543,459 $505,859 $473,820 Edmonton $371,756 $365,520 $332,461 Calgary $444,535 $465,047 $436,216 Saskatoon $342,553 $349,322 $331,750 Regina $316,025 $331,161 $316,810 Toronto $630,876 $587,505 $539,058 Hamilton-Burlington $436,562 $420,565 $384,534 Ottawa-Carleton $358,950 $357,887 $363,240 Quebec City $254,831 $258,406 $263,803 Montreal $339,436 $344,273 $333,610 Fredericton $176,788 $169,063 $175,968 Saint John $175,557 $158,041 $153,697 Halifax-Dartmouth $264,487 $264,447 $265,339 Winnipeg $271,759 $270,605 $271,946 Source: CREA - Most Recent Month Reported Average House Prices by Province Oct 2015 Oct 2014 Oct 2013 National $454,976 $419,699 $391,820 Yukon $356,290 $275,750 $352,932 Northwest Territories $330,708 $405,332 $402,000 British Columbia $667,480 $575,504 $540,432 Alberta $384,381 $400,027 $377,084 Saskatchewan $292,949 $306,812 $289,890 Manitoba $264,739 $263,159 $264,148 Ontario $471,654 $445,109 $413,408 Quebec $275,701 $277,677 $273,436 New Brunswick $161,338 $153,312 $155,414 Prince Edward Island $163,236 $174,871 $154,576 Nova Scotia $207,657 $202,749 $203,144 Newfoundland $258,459 $266,346 $272,267 Source: CREA - Most Recent Month Reported

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October News and Rate Advisor

Welcome to the October issue of the News & Rate Advisor. Current Discount Mortgage Rates Oct 2015 Variable Rate 2.20% 1 Year 2.29% 2 Year 2.09% 3 Year 2.34% 4 Year 2.54% 5 Year 2.67% 7 Year 3.39% 10 Year 3.84% Prime Rate 2.70% * Rates subject to change and OAC. Canadian Qualifying Rate Oct 2015 Rate 4.64% Source: Bank of Canada Current Posted Mortgage Rates Oct 2015 Oct 2014 Oct 2013 1 Year 2.89% 3.14% 3.14% 3 Year 3.39% 3.44% 3.95% 5 Year 4.64% 4.79% 5.34% Source: Bank of Canada Nationwide Building Permits Aug 2015 Aug 2014 Aug 2013 Residential $4,749,968,000 $4,170,031,000 $3,938,247,000 Commercial $2,798,437,000 $2,480,272,000 $2,495,214,000 Total $7,548,405,000 $6,650,303,000 $6,433,461,000 Source: Stats Canada - preliminary figures Current Bank of Canada Rate & Prime Rates Oct 2015 Oct 2014 Oct 2013 Bank Rate 0.75% 1.25% 1.25% Prime Rate 2.70% 3.00% 3.00% Source: Bank of Canada Average House Prices by City Aug 2015 Aug 2014 Aug 2013 Yellowknife $416,577 $411,733 $318,363 Vancouver $900,592 $802,763 $784,567 Victoria $544,862 $497,608 $479,978 Edmonton $372,256 $368,597 $348,758 Calgary $450,260 $454,994 $432,576 Saskatoon $339,426 $333,434 $327,281 Regina $311,318 $294,338 $311,860 Toronto $602,607 $546,303 $503,094 Hamilton-Burlington $464,101 $397,938 $376,284 Ottawa-Carleton $354,035 $361,730 $348,822 Quebec City $273,495 $278,517 $268,104 Montreal $342,010 $328,745 $327,165 Fredericton $167,100 $180,401 $177,192 Saint John $311,166 $166,548 $176,632 Halifax-Dartmouth $274,022 $276,080 $272,069 Winnipeg $276,397 $270,246 $261,666 Source: CREA - Most Recent Month Reported Average House Prices by Province Aug 2015 Aug 2014 Aug 2013 National $433,367 $398,618 $378,369 Yukon $357,252 $299,839 $362,507 Northwest Territories $416,577 $411,733 $318,363 British Columbia $619,881 $560,318 $533,400 Alberta $388,551 $397,701 $381,642 Saskatchewan $292,583 $285,476 $286,809 Manitoba $269,321 $262,685 $253,297 Ontario $455,611 $408,847 $386,444 Quebec $280,253 $271,679 $269,421 New Brunswick $154,973 $162,110 $164,824 Prince Edward Island $157,949 $146,055 $159,432 Nova Scotia $220,161 $210,370 $212,268 Newfoundland $292,960 $293,548 $288,660 Source: CREA - Most Recent Month Reported

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September News and Rate Advisor

Courtesy of  Phil Romano, CPMB 905-516-1150 Certified Professional Mortgage Broker #M10002221 Verico House of Mortgage Experts philromano@vhme.ca www.philrom.com

Welcome to the September issue of the News & Rate Advisor. Current Discount Mortgage Rates Sep 2015 Variable Rate 2.20% 1 Year 2.29% 2 Year 2.19% 3 Year 2.34% 4 Year 2.54% 5 Year 2.67% 7 Year 3.39% 10 Year 3.84% Prime Rate 2.70% * Rates subject to change and OAC. Canadian Qualifying Rate Sep 2015 Rate No rate defined for this month Source: Bank of Canada Current Posted Mortgage Rates Sep 2015 Sep 2014 Sep 2013 1 Year 0.00% 3.14% 3.14% 3 Year 0.00% 3.75% 3.95% 5 Year 0.00% 4.79% 5.34% Source: Bank of Canada Nationwide Building Permits Jul 2015 Jul 2014 Jul 2013 Residential $0 $4,933,591,000 $4,135,192,000 Commercial $0 $4,212,465,000 $3,857,984,000 Total $0 $9,146,056,000 $7,993,176,000 Source: Stats Canada - preliminary figures Current Bank of Canada Rate & Prime Rates Sep 2015 Sep 2014 Sep 2013 Bank Rate 0.75% 1.25% 1.25% Prime Rate 2.70% 3.00% 3.00% Source: Bank of Canada Average House Prices by City Jul 2015 Jul 2014 Jul 2013 Yellowknife $398,889 $393,815 $472,467 Vancouver $866,772 $805,061 $757,338 Victoria $519,379 $496,282 $482,908 Edmonton $372,910 $362,091 $345,335 Calgary $459,958 $460,790 $438,192 Saskatoon $350,246 $350,699 $323,441 Regina $309,696 $327,104 $311,759 Toronto $609,236 $550,700 $513,246 Hamilton-Burlington $434,730 $412,694 $383,240 Ottawa-Carleton $369,718 $358,600 $362,346 Quebec City $276,561 $274,862 $265,785 Montreal $341,594 $338,988 $329,339 Fredericton $178,479 $167,455 $178,883 Saint John $178,089 $182,918 $169,592 Halifax-Dartmouth $287,288 $287,288 $275,046 Winnipeg $281,684 $268,817 $262,727 Source: CREA - Most Recent Month Reported Average House Prices by Province Jul 2015 Jul 2014 Jul 2013 National $437,699 $401,585 $382,373 Yukon $351,916 $278,518 $311,481 Northwest Territories $398,889 $393,815 $472,467 British Columbia $608,294 $548,162 $534,360 Alberta $394,977 $395,552 $379,696 Saskatchewan $305,431 $304,816 $285,147 Manitoba $273,164 $264,171 $253,714 Ontario $454,098 $416,938 $393,984 Quebec $278,760 $276,194 $272,033 New Brunswick $168,412 $164,146 $159,502 Prince Edward Island $171,140 $153,964 $169,864 Nova Scotia $217,236 $224,287 $215,094 Newfoundland $275,072 $294,815 $288,517 Source: CREA - Most Recent Month Reported

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July News and Rate Advisor

Courtesy of  Phil Romano, CPMB 905-516-1150 Certified Professional Mortgage Broker #M10002221 Verico House of Mortgage Experts philromano@vhme.ca www.philrom.com

Welcome to the July issue of the News & Rate Advisor. Current Discount Mortgage Rates Jul 2015 Variable Rate 2.20% 1 Year 2.29% 2 Year 2.19% 3 Year 2.34% 4 Year 2.54% 5 Year 2.69% 7 Year 3.39% 10 Year 3.84% Prime Rate 2.85% * Rates subject to change and OAC. Canadian Qualifying Rate Jul 2015 Rate No rate defined for this month Source: Bank of Canada Current Posted Mortgage Rates Jul 2015 Jul 2014 Jul 2013 1 Year n/a 3.14% 3.14% 3 Year n/a 3.75% 3.75% 5 Year n/a 4.79% 5.14% Source: Bank of Canada Nationwide Building Permits May 2015 May 2014 May 2013 Residential $0 $4,172,131,000 $4,554,913,000 Commercial $0 $2,871,096,000 $2,856,371,000 Total $0 $7,043,227,000 $7,411,284,000 Source: Stats Canada - preliminary figures Current Bank of Canada Rate & Prime Rates Jul 2014 Jul 2013 Bank Rate 1.25% 1.25% % Prime Rate 3.00% 3.00% % Source: Bank of Canada Average House Prices by City May 2015 May 2014 May 2013 Yellowknife $374,363 $462,143 $373,454 Vancouver $905,701 $814,418 $772,569 Victoria $527,770 $496,378 $477,281 Edmonton $381,111 $371,871 $350,921 Calgary $465,941 $465,579 $440,675 Saskatoon $345,907 $338,195 $341,737 Regina $320,393 $317,662 $322,029 Toronto $649,599 $585,204 $542,174 Hamilton-Burlington $447,019 $406,007 $416,664 Ottawa-Carleton $386,331 $383,168 $370,591 Quebec City $268,534 $270,824 $273,389 Montreal $338,685 $335,937 $331,594 Fredericton $179,674 $196,656 $200,245 Saint John $169,400 $183,755 $182,829 Halifax-Dartmouth $293,734 $290,587 $285,583 Winnipeg $287,587 $287,026 $274,437 Source: CREA - Most Recent Month Reported Average House Prices by Province May 2015 May 2014 May 2013 National $450,886 $416,584 $388,910 Yukon $333,136 $314,974 $344,053 Northwest Territories $374,363 $462,143 $373,454 British Columbia $632,182 $565,233 $534,013 Alberta $405,105 $405,294 $385,702 Saskatchewan $304,356 $301,409 $294,414 Manitoba $279,729 $279,668 $267,662 Ontario $483,766 $447,682 $418,430 Quebec $276,937 $276,919 $277,225 New Brunswick $164,736 $178,609 $173,256 Prince Edward Island $167,391 $177,533 $166,994 Nova Scotia $244,608 $215,298 $229,646 Newfoundland $278,263 $295,199 $274,342 Source: CREA - Most Recent Month Reported

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