Archives for May, 2009
Posted by Norm Fisher on May 30, 2009
The Saskatoon real estate market saw stronger than normal activity this week breaking the one hundred-unit sales mark for the first time this year. There were one hundred and thirteen properties sold, up from eighty-two last week, and ahead of last year’s number, also eighty-two. Reaching their highest level since the final week of April [...]
Posted by Norm Fisher on May 28, 2009
The Canada Mortgage and Housing Corporation (CMHC) released their Spring Housing Market Outlook for the Saskatoon CMA today. Here’s the gist of it.
After the strongest two-year performance since the late 1970’s, Saskatoon single-detached housing starts will decline to 600 units in 2009 and bounce back to 725 units in 2010. The 2009 singles forecast represents [...]
Posted by Norm Fisher on May 24, 2009
People are often curious about how certain home improvements will affect the value of their homes. The chart of percentages displayed here presents some findings compiled by the Appraisal Institute of Canada from their 2008 membership survey. It is intended to give the homeowner a very general idea of the potential that certain improvements have [...]
Posted by Norm Fisher on May 23, 2009
Saskatoon real estate sales were down this week compared to last, but continued to clip along at a better than average pace with eighty-two houses and condos changing hands, down from ninety-five units last week and well above the sixty-one properties that sold during the same week last year.
New listings of Saskatoon houses and condos [...]
Posted by Norm Fisher on May 16, 2009
Following a soft week, firm sales of Saskatoon houses and condominiums bounced back to reach their highest level for any week this year with a total of ninety-five units trading hands. You’ll have to look back to the final week of April 2008 when one hundred and seventeen sales were recorded to find a week [...]
Posted by Norm Fisher on May 9, 2009
Following a few pretty encouraging weeks, sales of detached houses and condos stumbled, new Saskatoon real estate listings spiked to their highest point this year, and total active residential listings reached a new high for 2009.
New listings of detached houses and condominiums broke the one hundred and fifty mark for the first time this year, [...]
Posted by Norm Fisher on May 6, 2009
The Saskatoon Region Association of Realtors recently reported April results for the entire residential category of Saskatoon real estate, which includes single-family homes, condominiums, semi-detached properties, duplexes, mobile homes and vacant lots. Unit sales totaled 353 properties across all of these property types, and an average sale price of $275,455. Let’s have a look at [...]
Posted by Norm Fisher on May 5, 2009
I received this email today stating that the title issues we previously heard about that were holding Lake Placid back on the River Landing Village project have been resolved and that construction will begin “as soon as changes are complete.”
Dear Norm,
“The legislation needed to move forward with two of the biggest private developments in the [...]
Posted by Norm Fisher on May 2, 2009
Following two fairly brisk sales weeks, Saskatoon real estate sales softened some as local agents reported just seventy-seven sales of single-family detached houses and condominiums to the Saskatoon MLS system. This week’s numbers were down by eleven units compared to last week and fell shy of the units recorded during the same week last year [...]
Posted by Norm Fisher on May 1, 2009
The Saskatoon Region Association of Realtors (SRAR) released the residential real estate statistics for April 2009 today along with the following media release.
April’s real estate market continued to correct with fewer listings being taken easing higher than normal inventory levels.
Saskatoon REALTORS® assisted 353 buyers to find their dream home. That number down 15% from [...]