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Archives for August, 2008

60

Saskatoon real estate: Week in review (August 25-29 2008)

New listing activity in the Saskatoon real estate market was slightly higher than last week with a total of 141 new listings in the residential category. The single-family homes and condo category saw a small decline in new listing activity with 121 units being introduced over the course of the week. As of today, there [...]

153

Saskatoon real estate: Week in review (August 18-22 2008)

New listing activity in the Saskatoon real estate market slowed some this week with just 134 new properties added to the MLS in the “houses and condos” categories but the active inventory continued to make some gains climbing from 1,628 last week to 1,667 by the close of business this week. Today, there are a [...]

93

Saskatoon real estate: Week in review (August 11-15 2008)

New listing activity in the Saskatoon real estate market picked up again as the local MLS system welcomed 165 new listings including 157 properties in the single-family homes and condo categories. Total active listings pushed further forward and finished the week at 1,628, up significantly from 1,555 last week. At the close of business Friday [...]

203

Saskatoon real estate: Week in review (August 4-8 2008)

Looking at this week’s sales, you may have thought it was Christmas for Saskatoon real estate agents, and not in the good way. Just 38 properties, including 35 in the single-family homes and condominiums categories were reported firmly sold, the lowest number of weekly sales since the week of January 7-11. Another [...]

6

A closer look at the Saskatoon real estate statistics for July 2008

After two months of sluggish sales in the Saskatoon real estate market, demand picked up some in July. Total unit sales of condominiums and houses came in behind July 2007 numbers (411 units), but slightly higher than sales in 2005 (340) and 2006 (337), and up just over 10% compared to June, which closed with [...]

42

Merrill Lynch says Saskatoon real estate overvalued “as much as 50%”

In a report titled, “Peaked: Canada’s housing market in depth,” economist David Wolf of investment-banker Merrill Lynch says that “Canada’s housing market is entering a sustained downturn amid excess supply and as higher prices deter new buyers.”

According to a story in today’s Globe and Mail, Mr. Wolf is most concerned about Saskatchewan, where the [...]

168

Saskatoon real estate: Week in review (July 28–August 1 2008)

On the heels of one of the poorest performing weeks for Saskatoon real estate, this past week produced 84 residential unit sales, including 80 single-family homes (houses) and condominiums, the highest volume of residential sales reported since the week of June 9-13.

Total new residential listings came in at 155, including 139 single-family homes [...]

17

Average price of a Saskatoon home drops in July 2008

According to numbers released Friday by the Saskatoon Region Association of Realtors, the average selling price of a Saskatoon home dropped in July, falling below the $300,000 mark for the first time since March 2008. Average prices through the month came in at $292,428 for all units sold in the residential category, down from its [...]