New Saskatoon real estate listings came in at their lowest point in the past month with 199 residential properties listed for sale on the MLS including 41 condominiums and 145 single-family homes. Even still, the inventory of active listings pushed higher to settle at 1,440 units, a net gain of 53 properties compared to the [...]
Canada’s housing boom has ended for the second time since Douglas Porter; deputy chief economist at BMO Nesbitt Burns officially declared it “over” in mid-April. Stay tuned for further endings as we move through summer and into the fall. In a report released this week by TD Economics, economists Craig Alexander and Pascal Gauthier said, [...]
Jason Warick wrote a story in the June 26 edition of the Saskatoon Star Phoenix titled, ”Sask. residents find Arizona opportunity.” “The strong Canadian dollar, combined with rock-bottom prices for real estate in many cities such as Phoenix, means Canadians can snap up vacation homes or investment properties for less than half of the price [...]
Active residential listings in the Saskatoon real estate market saw a net gain of approximately 60 units this week, climbing from 1,326 units last week to finish the current week at 1,387 units, including 1,283 homes (houses and condos). 228 residential properties were listed on the Saskatoon MLS including 161 houses and 56 condos, bringing [...]
New listing activity remained strong this past week as 221 properties were introduced to the Saskatoon real estate market, including 62 condominiums and 142 single-family homes (houses), pushing active listing inventories beyond record highs and settling at 1,326 units by the close of business Friday. Currently, there are 836 houses and 388 condominiums showing an [...]
Historically high commodity prices will push Saskatchewan to a leading growth position amongst Canadian provinces this year, according to RBC economist Paul Ferley. Speaking to a group of RBC clients in Saskatoon on Friday, Ferley noted that a “wide range of commodities” are experiencing higher prices. He’s predicting that uranium, potash, wheat and oil production [...]
Residential unit sales in Saskatoon fell again in May for the third consecutive month, losing 163 sales (-34%) in the “home” category, and finishing the month at 339 units, compared to 502 in May 2007. The average selling price of a Saskatoon home (houses and condos only) fell marginally and finished the month at $305,148, [...]
Though almost everything that could be said about this topic has already been said, I thought I’d better bring the latest news release from the Canadian Real Estate Association (CREA) to the front page, lest I be accused of covering up the bad news. In a press release issued Friday, CREA notes that new listing [...]
Any perceived “moderation” of residential listing activity in the Saskatoon real estate market was busted big as a total of 253 properties were offered up for sale on the local MLS system including 161 single-family homes and 82 condos. Total active listings spiked up to 1,259 residential units, from 1,154 at the close of last [...]
In a press release issued this morning, the Saskatoon Region Association of Realtors (SRAR) says, “Saskatoon’s housing market stabilized in the month of May.” SRAR reports that 1,015 residential properties were listed for sale, up from 706 for the same period last year. Unit sales, on the other hand, fell 37% when compared to May [...]
New residential listing activity in the Saskatoon real estate market continued at a more moderate pace for the second week in a row with a 185 (197 total residential) single-family homes and condominiums being placed on the market. Active listing edged up slightly from 1,125 last week, closing out this week at 1,154 units including [...]
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