These articles pretty much speak to the issue of what’s driving the market here. Thanks.

http://www.teamfisher.com/blogs/norm_fisher/archive/2006/11/23/I_2700_m-Bullish-on-Saskatoon-Real-Estate-for-2007.aspx

http://www.teamfisher.com/blogs/norm_fisher/archive/2007/02/10/saskatoon-and-saskatchewan-show-strong-job-growth-over-last-year.aspx

http://www.teamfisher.com/blogs/norm_fisher/archive/2006/12/11/Lack-of-Residential-Lots-Pressures-Saskatoon-Real-Estate-Market.aspx

I am new to the Saskatoon Real Estate market, can you briefly give me an overview on what has been driving the Saskatoon Real Estate market these days, like good economic prospect, great job market, affordability, tight supply/demand, etc.

Thanks!

Stephen

Thanks!

I think that these “week in review” numbers are more general interest, providing a quick snapshot of the local market by area. I’m not so sure of their statistical significance for tracking average price trends. The number of units is very small and the average in each area seems to be subject to substantial change from one week to the next, depending on what’s selling in any given week.

Check out the “neighborhood profiles” page at http://www.teamfisher.com/Neighbourhoods/page_1719893.html. These pages provide average price trends over ten years and include the average for the last six months as well. I update these monthly, usually within a few days of month end. If I get a shorter period than six full months I start to question the accuracy of the information.

Hope that helps.

I was wondering, as far as trends go, is there any way to look at this data in a graph? I’m curious to see how home prices have increased over the past 6-12 months, especially in specific areas (Area 1, Area 2 etc…)