Posts Tagged ‘canada’
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 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 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 [...]
Posted by Norm Fisher on December 31, 2011
As 2011 draws to a close it’s clear that Canadian housing has performed better than most expected this year. It’s also clear, that in some markets, buoyant conditions and aggressive price increases have some experts talking about a price bubble again. There are a wide range of commentary, opinions and predictions coming forward and I [...]
Posted by Norm Fisher on December 17, 2011
CREA economist Gregory Klump reports on MLS® sales and listings for the Canadian real estate market for
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 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 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 October 21, 2011
CREA economist Gregory Klump reports on MLS® sales and listings for the Canadian real estate market for
Posted by Norm Fisher on October 5, 2011
Average prices were up across standard housing types in Saskatoon, according to the Royal LePage House Price Survey released today. Sales volume for the third quarter was up 15 per cent year-over-year, and the number of units sold during August was record setting for that particular month. Detached bungalows posted a modest gain of 1.9 [...]
