Archives for November, 2011
Posted by Norm Fisher on November 28, 2011
RBC’s third quarter Housing Trends and Affordability study showed “modest improvements” in housing affordability for Canadians as global financial markets continued to face uncertainty and interest rates crept lower. The following is an excerpt from the report on Saskatchewan: Although RBC’s affordability measures for Saskatchewan continue to be above their long-term averages, widespread improvement was [...]
Posted by Norm Fisher on November 28, 2011
Canada Housing and Mortgage Corporation (CMHC) released their third quarter update on the Saskatoon housing market late last week. It takes a look at third quarter and year-to-date activity in new homes as well as resale activity. Here are some highlights from the report. Third quarter housing starts slipped lower to 735 units, down 4 [...]
Posted by Norm Fisher on November 26, 2011
It was another reasonably strong week for Saskatoon real estate sales considering the time of year. A total of 71 detached house and condo sales were reported to the local MLS®. This week’s sales were up by 21 on the previous week and finished higher by 12 compared against the same week last year. New [...]
Posted by Norm Fisher on November 26, 2011
Rough transcript. Condos purchases have increased substantially in recent years as the cost of housing has moved higher. Just ten years ago, condo sales accounted for roughly 16 percent of Saskatoon’s MLS® housing market. This year, condominiums account for roughly 27% of all residential resale activity on the Saskatoon multiple listing service®. According to the [...]
Posted by Norm Fisher on November 19, 2011
Sales and new listings both continued on a downward trend this week, as is typical of this time of year. Saskatoon real estate agents reported just 50 sales of single-family homes and condominiums to the multiple listing service® over the course of the week. That marks a week-over-week decline of five units bringing one of [...]
Posted by Norm Fisher on November 15, 2011
CREA economist Gregory Klump reports on MLS® sales and listings for the Canadian real estate market for
Posted by Norm Fisher on November 12, 2011
Sales of Saskatoon homes through the multiple listing service® continued on a downward trend as we would expect at this time of the year. Saskatoon real estate agents reported seven fewer sales than last week at 55 units for a year-over year gain of just one sale. New listings of houses and condos moved higher [...]
Posted by Norm Fisher on November 7, 2011
Saskatoon home values have increased by 163 percent since the turn of the current century, claiming one of the highest levels of price growth in Canada, according to a report released today by Remax. Only Regina and Edmonton saw greater appreciation over the same period of time as prices climbed 175 percent and 165 percent, [...]
Posted by Norm Fisher on November 7, 2011
This post was originally published in October of 2009. I thought it might be a good time to kick it back to the top of the list. Like it or not, winter is coming and now is the time to get your home ready for it. A few hours looking after some preventative home maintenance [...]
Posted by Norm Fisher on November 5, 2011
Saskatoon real estate sales slipped this week falling 14 units from the previous week for a total of 62 house and condominium sales. Still, they managed to maintain an edge over the same week a year ago when just 49 sales were reported to the multiple listing service®. New listings fell further, dropping 17 units [...]
Posted by Norm Fisher on November 1, 2011
The Saskatoon Region Association of REALTORS® (SRAR) released the residential real estate statistics for October, 2011 today, accompanied by this release. Heading into the fall, activity was down slightly for Saskatoon REALTORS® in the month of October with 309 residential properties changing hands compared with September which saw 365 sales. The trend of sales increasing [...]
