The new year got underway with lacklustre sales, as it typically does. Saskatoon real estate agents reported a total of 39 detached house and condominium sales to the multiple listing service®, an increase of three from the previous week, but considerably more than we saw trade during the same week last yearwhen just 24 sales [...]
A story in this morning’s Star Phoenix says that the wind turbine that had been previously approved by Saskatoon city council for construction has been scrapped.Only one bid was received to build the controversial 120-metre turbine, and that bid was $1.35 million more than the budget allotted for the project. Vocal residents of Montgomery Place argued [...]
Residents of Saskatoon’s Montgomery Place area are rattled at the thought of apartment buildings in their area, one of the few neighbourhoods in the city that is comprised entirely of single-family dwellings.North Ridge Developments, which owns an 18 acre parcel on 11th Street East is seeking approval to build three four-storey rental apartments with a [...]
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 [...]
The design for the Remai Art Gallery of Saskatchewan has been selected as one of eight 2011 Award of Excellence recipients by Canadian Architect magazine and is featured on the cover of this month’s issue. According to the story in the Star Phoenix, the $84 million gallery was selected from “163 submissions judged by a [...]
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 [...]
Saskatoon’s future is bright, according to a report presented to city council on Monday night. The 215-page report, prepared by MXD Developments Strategists of Vancouver projects that Saskatoon’s population would hit 325,000 by 2028. By then, the city will require six new hotels, a thirty percent expansion in retail space from 10 million square feet [...]
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