The Saskatoon real estate market continued to move at a pace which was remarkably similar to the previous week. A total of 61 houses and condos were reported sold and prices were pretty much spot on with what we’ve been seeing most recently. New residential listings fell slightly from 122 to 112 units but active [...]
Saskatoon City Council approved proposed changes to policies governing the conversion of existing rental apartments to condominiums at last night’s council meeting.
City administrators presented their report which was prepared in response to a request brought forward by Councillor Pat Lorje during the meeting of City Council held on August 13, 2007 to “provide a [...]
I am officially declaring an end to the Saskatoon real estate “boom.”
It’s not like it was a terrible week for real estate sales, or for sellers of Saskatoon homes. Unit sales were up over the previous week with 63 houses and condos changing hands. The average list price of the homes [...]
If you have some spare time on your hands this weekend, you might consider spending some of it at the Credit Union Centre, where the Saskatchewan Federation of Indian Nations (FSIN) is hosting Pow-Wow 2007. Five bucks will get you through the door, and provide an opportunity to experience a truly beautiful “cultural celebration” expressed [...]
Saskatoon real estate sellers continued to show their enthusiasm offering 122 single family homes and condos to the market, bringing total active listings to an annual high of 663 units (also higher than any month end in 2006). You could almost hear the buyers yawning as only 48 Saskatoon homes were reported sold, the lowest [...]
Note: The graphics in this post were updated on October 7, 2008 to reflect the final sale numbers as reported by agents for September, 2007. The graphics show the final figures while the commentary reflects the statistics as they had been reported as of the date of the original post.
The average selling price of a [...]
October 9th to 12th is Affordable Housing Week in Saskatoon. Presented by the Saskatoon Housing Initiatives Partnership, Affordable Housing Week presents a variety of events in support of “attractive, affordable, innovative, sustainable and green housing initiatives in Saskatoon.”
Interested? Check the agenda here (no longer available).
I’m always happy to answer your Saskatoon real estate [...]
In spite of market conditions which should clearly be working in favour of Saskatoon real estate buyers, sellers who managed to strike a deal on their home this week did quite well, particularly in the east end areas.
New listings of Saskatoon homes outpaced unit sales by two to one with 113 condos and single [...]
The average selling price of a Saskatoon home dropped to $242,091 in September, a decline of 4.3% from the all time high monthly high of $253,240 recorded in August. Depending on how you want to view it, this figure represents the lowest average selling price since May of 2007, or, a whopping 49% increase when [...]
In a recently released report from RBC Economics, economist Amy Goldbloom makes a pretty compelling case that real estate is “overvalued” in western Canada and “out of whack with the underlying fundamentals.”
Goldbloom takes “a look beyond the standard affordability measure” and delves into “price to rent ratios,” something which I just happened to touch [...]
There has been a fair bit of talk and speculation about how the U.S. “credit crunch” may impact Canadians and our real estate markets.
The Canadian Real Estate Association (CREA) has published a brochure titled; “A Credit Crunch Primer” which explains in fairly simple terms what sub-prime lending is and how the practices associated with [...]
