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Archives for October, 2011

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Saskatoon real estate week in review: October 24-28, 2011

Following three consecutive weeks of declining sales, the Saskatoon real estate market rebounded this week to show 76 units sold (detached houses and condominiums) for an overall gain of 12 sales compared to last week. The weekly total finished well ahead of the same week last year when just 56 Saskatoon homes were reported sold [...]

1

NDP unveils a comprehensive Saskatchewan housing strategy

Last week, I wrote a brief post providing details on the Saskatchewan Party’s plan to provide a tax credit to first-time home buyers that would save then up to $1,100 when purchasing their first home. I’ve just been reviewing the housing strategy for the New Democratic Party (NDP), which is substantially more comprehensive. According to [...]

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Saskatoon real estate week in review: October 17-21, 2011

Saskatoon home sales declined again for the third consecutive week as local real estate agents reported 64 detached house and condo sales to the local MLS®, down just two units from last week, for a year-over-year decline of five. The number of new listings bounced up from last week’s remarkably low numbers, reaching 98 units, [...]

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Canadian home sales pick up in September: CREA

CREA economist Gregory Klump reports on MLS® sales and listings for the Canadian real estate market for

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Saskatoon real estate week in review: October 10-14, 2011

Following a huge spike in new listings last week, new MLS® listing activity softened this week to its lowest level for 2011 as Saskatoon real estate agents brought just 65 house and condo listings to the multiple listing service®. That’s almost 80 units fewer than the number of homes listed the week before and behind [...]

8

Sask Party promises tax credit for first-time home buyers

From the Star Phoenix website today: “The Saskatchewan Party says a new tax credit for first-time homebuyers would make home ownership a little more affordable. On the campaign trail in Regina on Thursday, Premier Brad Wall pledged to introduce a non-refundable income tax credit to all first-time homebuyers that would result in an income tax [...]

1

Saskatoon real estate week in review: October 3-7, 2011

A large number of month-end expired listings that quickly returned to the market caused the number of new listings to skyrocket this week. Saskatoon real estate agents brought 143 house and condominium listings to the MLS® system, a gain of 61 units compared to last week, and up 47 from the same week a year [...]

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Saskatoon shows modest house price gains in Q3-2011: Royal LePage

Average prices were up across standard housing types in Saskatoon, according to the Royal LePage House Price Survey released today. Sales volume for the third quarter was up 15 per cent year-over-year, and the number of units sold during August was record setting for that particular month. Detached bungalows posted a modest gain of 1.9 [...]

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Slightly quieter Saskatoon residential real estate market in September, 2011: SRAR

The Saskatoon Region Association of REALTORS® (SRAR) released the residential real estate statistics for September, 2011 today, accompanied by this release. Activity was down slightly for Saskatoon REALTORS® in the month of September with 365 residential properties changing hands compared with August, which saw 415 sales. The trend of sales increasing over last year continues [...]

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Saskatoon real estate week in review: September 26-30, 2011

Saskatoon real estate sales edged higher again for the third consecutive week as local agents reported a total of 89 house and condominium sales to the Saskatoon MLS®. That total is four units higher than the previous week, and up 14 from the total sales reported during the same week last year. Meanwhile, new MLS® [...]

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Saskatchewan poised to lead Canada for growth again in 2012

“Buoyed by high prices and strong demand for commodities, Saskatchewan is poised to lead the nation in economic growth again next year, after posting a nation-leading 4.3-per-cent economic growth in 2011.” More here.