Saskatoon real estate managed a week of sales that looked more like spring than fall. Over the course of the week, 91 house and condominium sales were reported to the Saskatoon MLS, up nearly 30 units from the previous week and ahead of the same week a year ago by 15. New listings also slipped [...]
Housing affordability in Canada showed modest improvements for the second consecutive quarter as 2011 drew to a close, according to RBC’s latest Housing and Affordability study released last week. Nationally, income gains combined with “modest declines” in house prices helped to “dial back the deterioration that occurred last spring.” In Saskatchewan, most housing types saw [...]
Saskatoon real estate sales continued to bounce for the eighth week in a row. This was a down week as sales of house and condos fell fifty units compared to the previous week. Local agents reported just 63 firm sales to the multiple listing service®, about even with numbers recorded during the same week a [...]
The Royal LePage House Price Survey released today showed year-over-year house price increases for most housing types surveyed in Saskatoon. The exception to this being standard condominiums, which witnessed a slight price decrease in the first quarter of 2012. Detached bungalows posted a modest year-over-year gain of 2.3 per cent to an average selling price [...]
The Saskatoon Region Association of RealtorsÒ (SRAR) released the MLSÒ residential real estate statistics for March of 2012 today, accompanied by the following release. “The Saskatoon marketplace experienced a 14 percent increase in the number of sales, year-to-date, when compared to the first quarter of 2011,” reports Jason Yochim, Executive Officer of the Saskatoon Region [...]
Saskatoon home sales spiked higher this week making a rare appearance above the 100-unit mark for the first time since early September of last year. Local agents reported a whopping 113 single-family home and condominium sales to the Saskatoon multiple listing service® for a weekly gain of 48 homes, well up from the 71 properties [...]
We were warned earlier in the year that the Canadian Mortgage and Housing Corporation (CMHC) would be backing fewer Canadian home loans moving forward, but little seems to have changed on the ground. Now, the new federal budget is planning for greater oversight of the federal crown corporation, which was founded to provide insurance on [...]
Like Saskatoon real estate prices lately, home sale numbers are showing some pretty strong ups and downs over the past several weeks. This week was a down. The number of houses and condos reported as sold to the MLS® system slipped 17 units compared against the previous week to just 65 homes and fell short [...]
The government’s plan to reduce corporate income tax on profits generated through the development of new rental properties are being met with praise from the real estate industry. The 2012-13 provincial budget will provide a ten percent tax break to builders who construct multi-family projects of eight or more units over the next ten years. [...]
The following article is submitted by Bradly George, Certified Home Inspector with Pillar to Post in Saskatoon. Everyone knows that a professional home inspection can uncover previously unknown problems, both major and minor, allowing issues to be addressed before the sale is complete. But by taking some important steps to prepare the property for inspection, [...]
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