Saskatoon home buyers may have been busy this week, but they definitely weren’t busy trying to buy a home. For the first time in a long time, activity fell flat and new listings were either not noticed or met with indifference. Sellers continued to list their Saskatoon real estate, but the buyers didn’t come. Many [...]
It was another week of mixed results for the Saskatoon real estate market with some good news, and some bad news for home buyers and sellers. A total of 136 Saskatoon homes were introduced to the market (single-family, condos and duplexes) and 91 sales were reported in the same residential categories. Total active listings of [...]
Canada Mortgage and Housing Corporation released its third quarter Housing Market Outlook this morning which is predicting solid growth for Saskatchewan through 2008. “After the poorest report in Canada last year, economic growth in Saskatchewan will rebound significantly with a 4% gain in 2007 and a 3.3% expansion next year. This will place Saskatchewan among [...]
New Saskatoon real estate listings outpaced home sales this past week by nearly two to one leaving total active listings of single family homes, condominiums and duplexes at 479 units, the highest level we’ve seen this year. Residential real estate activity in Saskatoon produced some good news and some bad news for both buyers and [...]
Justice Minister Frank Quennell told reporters at a press conference yesterday that the “issue of decreasing rent supply…is an emergency. By the time you realize that it’s a crisis and that you’ve significantly decreased the rental supply because of all of the rental accommodation that’s been taken off them market, there really isn’t a remedy [...]
While the number of new Saskatoon real estate listings outpaced sales once again this week, active listings of Saskatoon homes remained steady at 424. This can be explained by a higher than usual number of expired listings (a listing which fails to sell during the agreed upon marketing period). We’ve never talked much about expired [...]
The average selling price of a Saskatoon home fell marginally in July to $245,893 from $251,120 in June. The total number of single family homes and condominiums traded dropped to 411 units as compared to 452 in June, but still remained higher than the 308 units reported as sold last July. Prices of Saskatoon houses took [...]
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