Posts Tagged ‘surveys and studies’
Posted by Norm Fisher on July 7, 2010
Royal LePage’s House Price Survey for the second quarter of 2010 was released this morning. Here is the release for the Saskatoon area.
SASKATOON, July 7 /CNW/ – The Royal LePage House Price Survey and Market Survey Forecast released today showed solid price increases across most housing types surveyed in Saskatoon. Price gains were strongest for [...]
Posted by Norm Fisher on May 5, 2010
Strong home sales driven by consumer efforts to beat rising interest rates and the harmonized sales tax coming soon to Ontario and British Columbia will push the nation’s average home price to just under $350,000 before it peaks and starts to decline says a report released by TD Economics today. While sales should come close [...]
Posted by Norm Fisher on March 18, 2010
The final quarter of 2009 saw softer sales and growing inventory “put a damper” on rising house prices in Saskatchewan, according to RBC’s March 2010 Housing Trends and Affordability Study. While housing affordability “eroded mildly” on a national level, Saskatchewan showed “substantial improvement.”
The big bounce in resale activity that took place during the spring and [...]
Posted by Norm Fisher on March 2, 2010
The Canada Mortgage and Housing Corporation (CMHC) released it Canadian Housing Market Outlook for 2010 today predicting residential resale activity across Canada will grow by just less than five percent to 486,700 while new housing starts rise by roughly as much to 175,150. According to CMHC the average price of a resale home in Canada [...]
Posted by Norm Fisher on February 24, 2010
Remax released it’s 2010 Market Trends Report today stating that “healthy levels” of inventory and demand that is gaining momentum are moving the Saskatoon real estate market towards a “full recovery.”
Other tidbits from the Saskatoon section of the report include the following:
While sales are still off of last year’s numbers average prices continue to edge [...]
Posted by Norm Fisher on January 27, 2010
I can’t imagine that it would come as much of a surprise to anyone that the cost of home ownership in Saskatoon has skyrocketed in recent years. According to the recently released “6th Annual Demographia International Housing Affordability Survey” owning a Saskatoon home priced at the median in Q3/2009 would have cost about 4.4 times [...]
Posted by Norm Fisher on January 7, 2010
Saskatoon’s real estate markets saw solid improvements in the final quarter of 2009 across housing types, according to the latest Royal LePage Market Survey Forecast and House Price Survey.
In Saskatoon, standard condominiums sold for an average of $197,500, up 5.9 per cent from the same period last year. Detached bungalows sold for an average of [...]
Posted by Norm Fisher on November 3, 2009
The Canada Mortgage and Housing Corporation’s (CMHC) Fall Housing Market Outlook for the Saskatoon area is calling for a 2.7 percent price reduction in the average resale price of a Saskatoon home in 2009, followed by a more marginal gain of 2.1 percent in 2010.
“With sales on the rise and listings trending down, the sales-to-active [...]
Posted by Norm Fisher on October 8, 2009
Saskatoon, SK, October 8, 2009 – The Royal LePage House Price Survey released today showed the average year-over-year price of homes in Saskatoon is down five per cent over last year. However, a more balanced market has put an end to 13 months of consecutive price declines.
“Since bottoming out in April 2009, prices have stabilized,” [...]
Posted by Norm Fisher on September 9, 2009
RBC Economics just released their fall Housing Trends and Affordability study that shows house prices having returned to “pre-boom” levels nationally with Saskatchewan showing considerable affordability improvements, but remaining above long-term historical averages. At the same time, the graph on page eight of the report suggests that affordability improvements may level off as Saskatoon seems [...]
Posted by Norm Fisher on August 17, 2009
From Coldwell Banker’s media release – August 17 2009 – It often seems as though men and women are from different planets, but every day millions of couples navigate through day-to-day and even life-altering decisions. Because a home is the biggest purchase most people will make in their lifetime, Coldwell Banker Real Estate LLC surveyed [...]