Posts tagged as:

trends

Pending changes to Canadian mortgage rules may bite hard

March 6, 2010

On February 16, Finance Minister Jim Flaherty announced new rules that affect mortgage lenders and borrowers starting on April 19 of this year.
One of the changes requires that buyers qualify for their high-ratio mortgage based on the “five-year fixed rate” even if their mortgage payments are actually calculated on an available lower rate. In other [...]

32 comments Read the full article →

Saskatoon real estate market on its way to full recovery: Remax

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 [...]

9 comments Read the full article →

Housing affordability in Saskatoon shows modest year-over-year improvement

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 [...]

13 comments Read the full article →

How was 2009 for property values in your Saskatoon neighbourhood?

January 3, 2010
Thumbnail image for How was 2009 for property values in your Saskatoon neighbourhood?

Are you at least a little bit curious about the current price trends for real estate in your neighbourhood? We’ve been putting in some OT over the past couple of days to bring you the latest look into the trends for each Saskatoon area. Those numbers are now available on our “Saskatoon neighbourhoods” pages, but [...]

0 comments Read the full article →

Greater risk in Canadian housing markets remaining hot than cooling down: TD

December 2, 2009

TD Bank Financial Group released a “Resale Housing Outlook” yesterday that provides some insights into the potential consequences of the quick recovery that the Canadian housing market experienced over the past year. It’s a pretty interesting, “where we’ve been, where we may be headed” report. Some of the ideas that caught my attention from the [...]

15 comments Read the full article →

You could actually know more about Saskatoon real estate, faster.

March 31, 2009

Maybe I’m getting old, but I’m not sure I get the “Twitter” thing.
I first signed up to use this “social media” tool a little more than a year ago. I think I gave it a fair shot (96 tweets and a lot of listening) but it just doesn’t seem to work for me. I’m not [...]

7 comments Read the full article →

Saskatoon housing affordability deteriorated again in 2008: Demographia

January 31, 2009

Some call it a report on the obvious, while others see it as big news.
No matter how you view the Frontier Centre for Public Policy’s International Housing Affordability Survey, you’d be hard pressed to make a convincing argument that housing affordability hasn’t suffered a serious blow in Saskatoon over the past couple of years. In [...]

19 comments Read the full article →

U.S. Federal Reserve to tighten lending rules

July 13, 2008

CNN: The Federal Reserve is expected to overhaul lending rules on Monday in an effort to prevent another mortgage crisis.
Good idea Ben! It would be foolhardy to encourage a second mortgage crisis while you’re busy dealing with the first one.
I’m always happy to answer your Saskatoon real estate questions.  All of my contact info is [...]

69 comments Read the full article →

One third of homes for sale in Saskatoon are vacant, fewer than half owner occupied

April 15, 2008

Earlier today, I was speaking with one of my colleagues, Bruce Claggett, who raised the question, “I wonder how many of the homes for sale in Saskatoon are vacant?” Our new MLS system didn’t provide a method of searching by occupancy, so I dropped SRAR an email and suggested that this would be a valuable [...]

22 comments Read the full article →

Saskatoon leads nation for increases in new house prices in 2007

February 11, 2008

The cost of building a new home in Canada increased 6.2%, year over year, according to the New House Price Index Report (no longer available) released today by Statistics Canada.

“Regionally, prices again rose at the fastest pace in Saskatoon, which led the nation with an annual price increase of 45.1%. On a month-over-month basis, housing [...]

45 comments Read the full article →

Buying real estate in Phoenix, Arizona – From the beagle’s mouth

January 17, 2008

Over the past several months a number of my past clients have asked me about real estate opportunities in the U.S. The rising dollar, combined with reduced prices in some beautiful U.S. cities has many Canadians considering a purchase in their favorite vacation spot. A friend of mine from Phoenix recently asked if he could [...]

4 comments Read the full article →

← Previous Entries