Comments on: A closer look at the Saskatoon real estate stats for May 2008 http://teamfisher.com/a-closer-look-at-the-saskatoon-real-estate-stats-for-may-2008/ We're bringing Saskatoon real estate to life Tue, 07 Feb 2012 19:41:41 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Norm Fisher http://teamfisher.com/a-closer-look-at-the-saskatoon-real-estate-stats-for-may-2008/#comment-11108 Norm Fisher Fri, 08 May 2009 19:29:43 +0000 http://normfisher.ca/?p=1315#comment-11108 Dan, Take a look around and you'll note that every single one of my statistical reports from the "week in review" to the "the closer look" are always based on single-family homes and condominiums. As long as this blog has been in operation, that's what I've reported on. It's because I'm in the business of "homes" and not investment property. There are at least 17 monthly reports that compare houses, condo, and both categories, and approximately 65 weekly reports based on the same categories. No spin here. Just comparing apples to apples. I also publish the SRAR monthly stats which showed the decrease across all residential categories. The "Closer Look" is a follow up to those monthly stats, meant to take a look at the numbers from the single-family home and condo perspective. For your information, the "scum" that I don't include in these reports usually drives the averages higher. It did just that in five of the last six months. Not the case this month. Nothing to cry about really, just happens to be the way that it is this time. Dan,

Take a look around and you’ll note that every single one of my statistical reports from the “week in review” to the “the closer look” are always based on single-family homes and condominiums. As long as this blog has been in operation, that’s what I’ve reported on. It’s because I’m in the business of “homes” and not investment property. There are at least 17 monthly reports that compare houses, condo, and both categories, and approximately 65 weekly reports based on the same categories. No spin here. Just comparing apples to apples. I also publish the SRAR monthly stats which showed the decrease across all residential categories. The “Closer Look” is a follow up to those monthly stats, meant to take a look at the numbers from the single-family home and condo perspective. For your information, the “scum” that I don’t include in these reports usually drives the averages higher. It did just that in five of the last six months. Not the case this month. Nothing to cry about really, just happens to be the way that it is this time.

]]> By: Alexander Trauzzi http://teamfisher.com/a-closer-look-at-the-saskatoon-real-estate-stats-for-may-2008/#comment-11107 Alexander Trauzzi Fri, 08 May 2009 19:28:54 +0000 http://normfisher.ca/?p=1315#comment-11107 Dan, it's all about skew and hasty optimism when it comes to real estate. Why would anyone buy a resale home with all the greed going around? Oh well, Canadians are waking up from their morally blind slumber...Maybe then we can return to being a rational and social country. When trickle-down, non-interventionist economic theory is finally dead (where it belongs), things like house prices may get a chance to offer a fair and equitable opportunity for all. Of course, don't expect to avoid the usual incredulity and mainstay defenses from those bleeding our country into debt and poverty. Dan, it’s all about skew and hasty optimism when it comes to real estate.

Why would anyone buy a resale home with all the greed going around? Oh well, Canadians are waking up from their morally blind slumber…Maybe then we can return to being a rational and social country.

When trickle-down, non-interventionist economic theory is finally dead (where it belongs), things like house prices may get a chance to offer a fair and equitable opportunity for all.

Of course, don’t expect to avoid the usual incredulity and mainstay defenses from those bleeding our country into debt and poverty.

]]> By: Dan http://teamfisher.com/a-closer-look-at-the-saskatoon-real-estate-stats-for-may-2008/#comment-11106 Dan Fri, 08 May 2009 19:28:28 +0000 http://normfisher.ca/?p=1315#comment-11106 So by excluding duplexes and trailers the average price in May was down less??? Come on. That's just not fair. You can't drop the scum from the market and pretend the average is higher. Looked at some houses today. About half seem reduced. A lot have saskhouses.com sign in garage, some told me didn't get ANY offers so switched to MLS, and then reduced... it's awesome. There is so much choice. I can't see prices not dropping the next few months (unless of course you exclude all houses under 2,000 sq ft and some how the average doubles) with so many places. Really not a lot to distinguish most of them. As much as everyone bashes Stonebridge, actually nice newer houses instead of decaying older ones. So by excluding duplexes and trailers the average price in May was down less??? Come on. That’s just not fair. You can’t drop the scum from the market and pretend the average is higher.

Looked at some houses today. About half seem reduced. A lot have saskhouses.com sign in garage, some told me didn’t get ANY offers so switched to MLS, and then reduced… it’s awesome. There is so much choice. I can’t see prices not dropping the next few months (unless of course you exclude all houses under 2,000 sq ft and some how the average doubles) with so many places. Really not a lot to distinguish most of them. As much as everyone bashes Stonebridge, actually nice newer houses instead of decaying older ones.

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