When the City asked for developers to consider an exciting new “Urban Village” concept at River Landing in Saskatoon’s Central Business District, the call was answered by Michael Lobsinger, a former Saskatoon resident and now a successful real estate developer.
On Wednesday, March 12, Mr. Michael E. Lobsinger, President CEO, Lake Placid Group, will speak [...]
Statistics Canada’s latest income report contains some good news for the province. Saskatchewan led the country for overall income growth seeing average weekly earnings increase by 5.4%, compared to the 3.1% growth experienced nationally. Average weekly earnings in the province rose to $742.62 in December of 2007, from $704.79 in December of 2006. Saskatchewan also [...]
It seems that Saskatoon has one of the most generous condo conversion policies, if you’re a landlord that is.
Saskatoon city administrators are working hard to bring about a policy change in the city of Saskatoon. They’ve recommended a number of changes that they say would protect tenants from being displaced at times when vacancy [...]
On the surface, Saskatoon real estate activity this past week looked fairly similar to the week before. We saw about the same number of new residential listings enter the market and total active listings held steady at 364 units including 189 houses (single-family homes) and 135 condominiums. 98 Saskatoon homes found a buyer, up just [...]
Saskatoon’s landmark hotel, the Delta Bessborough is now under new ownership. The British Columbia Investment Corporation (bcIMC) took ownership of the historic hotel on February 1 but just announced the acquisition recently.
The new owners took a pass on disclosing the purchase price but did indicate that they plan on investing an additional million dollars [...]
I’m not big on interviews. Perhaps that’s a bit odd for someone who is the “media spokesperson” for his company. One of the biggest challenges is the deadlines. Reporters always seem to call about an hour before they’d like to see you so you have to act quickly, and often rearrange other scheduled activities to [...]
The inventory of active Saskatoon real estate listings slipped marginally to 361 units by the end of the week including 189 houses (single-family detached homes) and 133 condominiums. At the same time, this week brought the largest number of new residential listings since the week of October 22-26 and I expect that we’ll continue to [...]
Tenants at Saskatoon’s Milroy Apartments served notice to civic administrators Friday of their intentions to seek a judicial review of council’s recent decision to approve an application for a condominium conversion at the downtown apartment building.
Represented by fellow tenants Martin Been and Barbara Henderson, Milroy residents will ask a Court of Queen’s Bench judge to [...]
Note: The graphics in this post were updated on February 7, 2009 to reflect the final sale numbers as reported by agents for January 2008. 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.
In contrast to the numbers released [...]
Saskatoon city council’s executive committee will consider proposed changes to our condo conversion policy at its February 25th meeting. The proposal, brought forward by city administrators recommends a number of changes which they say would be helpful in keeping a supply of rental units available in the city.
Administrators have suggested that the city refuse [...]
