Selecting a neighbourhood that you think you’ll be comfortable in isn’t easy, particularly if you’re trying to do it from half way across the country and you’re more or less unfamiliar with Saskatoon.
I’d like to introduce you to a resource which I think you’ll find helpful. I call it Saskatoon Neighbourhoods, Profile and Price [...]
Typical seasonal listing activity, combined with an unseasonably strong week of residential sales caused active Saskatoon real estate listings to slide again closing the week at 356 units including 159 single family homes and 157 condominiums.
A total of 91 Saskatoon homes were reported sold on the local multiple listing service this week producing the [...]
Saskatoon homes have taken a serious slide in affordability over the past year, landing us in the “Moderately Unaffordable” category according to the Demographia International Housing Affordability Survey: 2008.
The survey, prepared by Pavletich Properties Ltd. compares median incomes in 227 markets around the world to median housing prices for the area. Their method [...]
Housing affordability is expected to improve in most Canadian provinces in 2008, but Saskatchewan is not among them according to the most recent Housing Affordability study just released by RBC Economics.
Following a year of record deterioration in housing affordability, the possibility of declining interest rates is the only hope which could move Saskatchewan into [...]
“Marty Ummel feels she paid too much for her house. So do millions of other people who bought at the peak of the housing boom.
“What makes Ms. Ummel different is that she is suing her agent, saying it was all his fault.”
I came by this story from today’s New York Times by way [...]
Active Saskatoon real estate listings held steady this week showing a total of 393 units including 169 single family homes and 178 condominiums across all Saskatoon neighbourhoods and all price ranges. New listings dropped to 73 homes, from 85 last week.
Residential unit sales of both houses and condos inched back up over the 50 [...]
Over the past several months a number of my past clients have asked me about real estate opportunities in the U.S. The rising dollar, combined with reduced prices in some beautiful U.S. cities has many Canadians considering a purchase in their favorite vacation spot. A friend of mine from Phoenix recently asked if he could [...]
Anger was the dominant emotion at Monday’s city council meeting when the application by Viking Developments to convert Saskatoon’s Milroy Apartments to condos was approved.
Current bylaws require conversion applications which affect more than 100 units be approved by council who have the discretion to deny them if vacancy rates in the area are sufficiently [...]
Note: The graphics in this post were updated on January 6, 2008 to reflect the final sale numbers as reported by agents for December, 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.
On average, it took an additional [...]
The inventory of Saskatoon real estate listings saw some growth this week climbing to 393 residential units including 177 houses and 172 condominiums. Lackluster sales, combined with the strongest listings we’ve seen since the week of November 19-23 were largely behind the increase in the number of available homes.
Some agents proclaimed, “It’s starting to [...]
In their latest Provincial Outlook, RBC has downgraded projections for economic growth in Saskatchewan over 2008 and 2009, but still expects the provincial economy to perform better than all other provinces, except Alberta. In spite of this short-term downgrade, RBC does seem particularly bullish on the potential for Saskatchewan’s future providing that “the [...]
