Archives for January, 2012
Posted by Norm Fisher on January 25, 2012
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 [...]
Posted by Norm Fisher on January 23, 2012
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”. [...]
Posted by Norm Fisher on January 22, 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 [...]
Posted by Norm Fisher on January 19, 2012
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 [...]
Posted by Norm Fisher on January 19, 2012
CREA economist Gregory Klump reports on MLS® sales and listings for the Canadian real estate market for
Posted by Norm Fisher on January 18, 2012
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 [...]
Posted by Norm Fisher on January 15, 2012
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 [...]
Posted by Norm Fisher on January 14, 2012
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 [...]
Posted by Norm Fisher on January 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 [...]
Posted by Norm Fisher on January 12, 2012
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 [...]
Posted by Norm Fisher on January 12, 2012
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 [...]