The Saskatoon Region Association of REALTORS® (SRAR) released the residential real estate statistics for December, 2011 today, accompanied by this release. The ideal balance of buyers and sellers in 2011 resulted in a modest 5 percent increase in the average residential selling price of a home in Saskatoon which increased to $309,835. This was a record [...]
There’s little doubt that the end of the year is an appropriate time to look ahead when it comes to personal and professional goals and resolutions. Try as we will, that’s a little trickier when it comes to markets and over the past few years we’ve seen the real estate market perform against popular expectations, [...]
The final week of sales for the Saskatoon real estate market closed as it always does. That being, very quietly. The city’s agents reported a total of 36 single-family home and condo sales to the Saskatoon multiple listing service®, 26 fewer homes then were sold the previous week, for an annual gain of six when [...]
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 [...]
The Saskatoon real estate market continued to move at a faster pace than is typical for the final week leading up to Christmas. For the second consecutive week, local agents reported 63 house and condo sales to the multiple listing service® to top sales from the same week last year by 26. New listings also [...]
Saskatoon housing sales continued at a pace that was busier than we would expect at this time of year. Local agents reported a total of 63 detached house and condominium sales to the multiple listing service® this week for a weekly gain of seven units, beating sales for the same week a year ago by [...]
CREA economist Gregory Klump reports on MLS® sales and listings for the Canadian real estate market for
Allow me to draw your attention to Les MacPherson’s column, in today’s Star Phoenix titled, “Buyer beware when it comes to home purchase.” The Buyers bought the condo and took possession in June of last year. In spite of a musty smell in the basement when they were shown the property, they did not have [...]
Saskatoon real estate sales and new listing activity both fell back in line with historical norms this week. Agents reported a total of 56 house and condo sales to the multiple listing service®, a decline of 20 units when compared to the previous week but on par with sales reported for the same week last [...]
Zoning changes proposed by Victory Majors Investments that make River Landing Village “economical” were approved by Saskatoon city council at their November 22nd meeting. The Meewasin Valley Authority (MVA) followed with their approval on Friday, paving the way for a potential spring of 2012 ground breaking. Victory Major Investments took over the project from Lake [...]
Saskatoon will require 10,000 new homes in the next three years, and the vast majority will be built in new suburbs, stated a report going to city council Monday. Concerns about urban sprawl are raised. Read more from the Saskatoon Star Phoenix here.
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