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Archives for January, 2012

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Proximity to university campus and park redevelopment big pluses for Greystone

Here’s a link to an article that’s part of a series that appears in Bridges in which Charles Hamilton gets a feel for a Saskatoon neighbourhood from a resident of the area. This one is about the Greystone Heights area of Saskatoon. Diane, an area resident tells Charles, “The most significant change was the redevelopment of Greystone [...]

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Saskatoon housing affordability improves in 2011: Demographia

Housing affordability in Canada saw its greatest deterioration in years according to the 8th Annual Demographia International Housing Affordability Survey: 2012. Demographia’s estimates suggest that Canadian home buyers can expect to pay 4.5 times the country’s median income to purchase a home priced at the median,* a number which the survey authors consider “seriously unaffordable”. [...]

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Saskatoon real estate week in review: January 15-21, 2012

The second full week of the new year wrapped itself up looking a lot like the first. Saskatoon real estate agents reported a total of 52 house and condominium sales to the local MLS®, for a weekly decline of three homes and a year-over-year increase of four. New listings in the same housing categories slipped [...]

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Clear softening trend will lead to correction in Canadian home prices: CIBC

In a short report from CIBC economist Benjamin Tal says there are “clear signs that the Canadian housing market is softening.” He points to a small decrease in the national sales to listings ratio and the smallest year-over-year price increases since October 2010 as leading indicators of a softening real estate market. “While we do [...]

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Canadian home sales edge higher in December, 2011: CREA

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

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Parks, schools and walkability are top perks for Brevoort Park resident

Here’s a link to an article that’s part of a series that appears in Bridges in which Charles Hamilton gets a feel for a Saskatoon neighbourhood from a resident of the area. This one is about the Brevoort Park area of Saskatoon. Iris says of Brevoort Park, “Just one block down and you are at the park and the [...]

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Samsung’s smart window technology coming to a home near you?

I happened across a video that was shot at the 2012 Consumer Electronics Show in Las Vegas, which showcases Samsung’s Smart Window technology. It’s amazing! As a window, it does everything that you might expect, allowing light into the home and keeping the weather out. At it’s core, it’s so much more. The transparent touchscreen [...]

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Multi-family development near Montgomery Place can proceed

Last week, Montgomery Place residents scored a bit of a win when the City of Saskatoon announced that a proposed wind turbine at the nearby landfill would not go ahead as planned. This week, they weren’t so lucky as city administrators prepared a report for council that states a proposed multi-family development on land just North [...]

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Saskatoon real estate week in review: January 8-14, 2012

…and we’re off. The Saskatoon real estate market recorded its second week of year-over-year sales gains for 2012, accompanied by annual declines in new listings.Local agents reported 55 firm house and condominium sales to the Saskatoon multiple listing service®, up sixteen sales when compared against the previous week, and ahead of sales for the same [...]

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Saskatoon posts strongest numbers for housing starts in decades for 2011

In 2011, Saskatoon and Regina both saw housing starts increase to levels not seen since the early 1980′s, according to a senior market analyst for the Canadian Mortgage and Housing Corporation (CMHC). Builders in Saskatoon started construction on 1,608 single-family homes and 1,386 multi-family dwellings for a total of 2,994 homes, up from 2,381 last [...]

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Saskatoon posts modest house price increases in Q4-2011: Royal LePage

Continued migration and low interest rates offset by healthy supply of homes for sale SASKATOON, January 12, 2012 – The Royal LePage House Price Survey and Market Survey Forecast released today showed slight year-over-year price increases for all three housing types surveyed in Saskatoon. Detached bungalows posted a modest gain of 0.9 per cent, selling [...]

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