June 2007 - Posts
In a report titled, “Migration Drives Saskatchewan Housing Market and Economy,” RBC is predicting that Saskatchewan’s economy will grow by 4% in 2007, and 3.6% in 2008, outpacing the Canadian economy and all but two other provinces.
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The Saskatoon real estate market continued its hectic pace through yet another week with buyers showing few signs that they’re willing to let up anytime soon. While the percentage of homes selling for more than the asking price was down from the
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Last week , and the week before we saw the percentage of Saskatoon homes which were selling above the asking price drop to levels than we hadn’t seen for a couple of months. The numbers from this week took us in the other direction showing the highest
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Housing affordability deteriorated across Canada during the first quarter of 2007, and most sharply in Saskatchewan according to RBC’s Housing Affordability survey which was released today. It probably comes as no surprise that Saskatoon wins the
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“Do you think it’s slowing down?” This is a question which is being asked by many Saskatoon real estate agents lately. There’s no question that things have felt a little different over the past few weeks. While my last few listings
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The CanadaWest Foundation just released a report titled, “Urban Quality of Life and Urban Growth” which is based on survey responses gathered through interviews with 3,500 respondents in seven Canadian cities. It seems that the highest “quality
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“While the Bank of Canada elected to leave its key lending rate unchanged at 4.25%, it will likely be the last time the central bank does so for a little while. In acknowledging that both economic growth and inflation has exceeded its expectations,
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I read an article today written by commercial real estate/property management specialist, Don Sylvester of Saskatoon Real Estate Services which appeared in “The View,” the monthly newsletter of the Saskatoon and Region Association of REALTORS
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It was another big week for reported sales with a total of 146 units and while the “average overbid” across all Saskatoon real estate areas reached its highest level at $27,770 the percentage of listings which sold for more than asking price
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I came across an interesting “Letter to the Editor” in yesterday’s Star Phoenix which I wanted to touch on. The letter was submitted by Maureen Shebelski, a Saskatoon resident and mother. Maureen’s decrial of the current state
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I thought it would be interesting to compare the average selling price of Saskatoon homes during the month of May, 2007 to those recorded in May, 2006 in order to provide some perspective on Saskatoon real estate price increases. This first category compares
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The average selling price of a Saskatoon home increased close to $12,000 during the month of May to a record $233,013. The average was just shy of $221,000 for the month of April, 2007. Here is an overview of sales activity including both condos and houses.
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