Conference Board predicts strong economy for Saskatoon in 2011
A new report from Canada’s Conference Board predicts 3.4% GDP growth for Saskatoon in 2011, placing our city in the top ten fastest growing economies in the country. Read more here.
A new report from Canada’s Conference Board predicts 3.4% GDP growth for Saskatoon in 2011, placing our city in the top ten fastest growing economies in the country. Read more here.
Sales of Saskatoon houses and condos slipped again for the second week in a row, falling sixteen units from last week to fifty-six, still enough to finish ahead of sales for the same week last year when just forty-eight homes traded on the MLS® system. New listings also came in lower on a week over [...]
Lower borrowing costs in the final quarter of 2010 helped drive a “modest” improvement to housing affordability for Canadians, even though house prices saw small increases across most of the nation during that time, a new report from RBC Economics states. The slight improvements are likely short lived as interest rates have recently started to [...]
In a follow up to its recently released report titled, “House prices likely to fall for several years,” Capital Economics says that a housing downturn will hit Canada’s economy hard, much like it did in the United States. The overview of the report argues the following points, and others. The now inevitable downturn in the [...]
Following a week that produced the highest number of Saskatoon real estate sales since late July, sales activity of single-family homes and condos eased falling eleven units from last week to seventy-two, still well above the fifty-one units reported sold for the same week last year. New listings continued to significantly outpace last year’s early [...]
Collective Coffee, the latest addition to the Riversdale business district opened its doors yesterday to become the first operating tenant at Saskatoon’s Two Twenty. Located at 220 20th Street West, this charming little coffee stop immediately comes off as a fun place to be. With just four tables and a stand up bar, fifteen people [...]
CREA economist Gregory Klump reports on MLS® sales and listings for the Canadian real estate market for January, 2011. More from CREA’s release. Seasonally adjusted national home sales activity rose 4.5 per cent in January 2011 compared to the previous month, reaching the highest level since April 2010. Led by Vancouver and Toronto, seasonally adjusted [...]
Saskatoon real estate sales activity finally caught up with the hype on the street as unit sales blasted higher this week. Local agents reported eighty-three firm house and condo sales for a weekly gain of thirty-two properties and trumped sales recorded during the same week last year by nineteen. New listings increased by four units [...]
City council, this week, approved a new program that would provide down payment assistance to middle income renters. The objective of the program is to free up units in our low vacancy rental market while opening the door to home ownership for some who have the financial capability of servicing a mortgage but have not [...]
In spite of growing hype that the Saskatoon real estate market is heating up, sales activity actually softened this week, compared to the last, as agents reported just fifty-one house and condo sales to the local MLS® system. That marks a decline of five units compared to last week and nine fewer than we saw [...]
Saskatoon is Canada’s fastest growing city according to a new report released by Statistics Canada this week. We also have the honour of being the country’s youngest metropolitan area. Read the news here.