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, [...]
Remax released its Housing Market Outlook for 2011 today calling for more balanced and stable real estate markets across Canada. Here’s a short excerpt on what they’re predicting for Saskatoon. “Given the outlook, in-migration to Saskatoon is set to pick up once again, which will further bolster housing demand. A more diversified local economy will [...]
Remax released it’s 2010 Market Trends Report today stating that “healthy levels” of inventory and demand that is gaining momentum are moving the Saskatoon real estate market towards a “full recovery.” Other tidbits from the Saskatoon section of the report include the following: While sales are still off of last year’s numbers average prices continue [...]
Remax Press Release – Kelowna, BC (April 22, 2008) “While higher housing values and tight inventory levels have hampered home-buying activity so far this year, longer amortization periods and alternative housing types have offset the impact on most major markets across the country, according to a report released today by RE/MAX.” “Despite a higher degree [...]
The average selling price of a Canadian home has appreciated 264 percent over the last 25 years, according to a new study. That amounts to an annual increase of 5.3 percent, not bad given the fact that a home is an “investment” which brings the added benefit of shelter to owners. Of course, value gains [...]
The Saskatoon Star Phoenix ran a story today on the front page of the Business section with the headline, “City house prices stable.” The story, written by Murray Lyons, Star Phoenix Business Editor references the national Century 21 fall house price survey and suggests that Saskatoon house prices will see substantially less appreciation in 2007. [...]
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