Statistics Canada’s new housing price index for August 2009 shows modest increases of just 0.1% from July to August in Saskatoon, and across the nation. On a year-over-year basis, the price of a new home in Canada fell 3.1% in August when compared to the same month last year. The decrease in the cost to [...]
The Canada Mortgage and Housing Corporation (CMHC) released their Spring Housing Market Outlook for the Saskatoon CMA today. Here’s the gist of it. After the strongest two-year performance since the late 1970′s, Saskatoon single-detached housing starts will decline to 600 units in 2009 and bounce back to 725 units in 2010. The 2009 singles forecast [...]
Statistics Canada released its Gross Domestic Product numbers yesterday which show that the Saskatchewan economy underperformed on expectations and forecasts of RBC Economics, CMHC, and the Conference Board of Canada, all of which estimated higher growth of between 4% and 4.8% for Saskatchewan in 2007. According to the report, Saskatchewan’s economy grew by 2.8% through [...]
Statistics Canada’s latest income report contains some good news for the province. Saskatchewan led the country for overall income growth seeing average weekly earnings increase by 5.4%, compared to the 3.1% growth experienced nationally. Average weekly earnings in the province rose to $742.62 in December of 2007, from $704.79 in December of 2006. Saskatchewan also [...]
The cost of building a new home in Canada increased 6.2%, year over year, according to the New House Price Index Report (no longer available) released today by Statistics Canada. “Regionally, prices again rose at the fastest pace in Saskatoon, which led the nation with an annual price increase of 45.1%. On a month-over-month basis, housing [...]
According to a Statistics Canada population report released today, Saskatchewan has passed the one million mark for the first time since 2001. The province’s population was estimated to have reached 1,003,300 by October 1, 2007 an increase of 6,400 people since July, making it the country’s fastest growing province. According to the report, the provincial [...]
According to a new report by Statistics Canada, Saskatchewan experienced the largest increase in retail sales when compared to all other Canadian provinces between July 2006 and July 2007. Retail sales in Saskatchewan surged ahead 11.5% during the study period, well above the national average of 3.8%. Alberta was second amongst the provinces showing growth [...]
Saskatchewan was a bright spot in Statistics Canada’s latest national Labour Force Survey, showing record employment numbers with 493,400 jobs, an increase of 22,600 over the past year. Close to 9,500 of those jobs were created in retail and wholesale while construction, transportation and the resource sectors also posted impressive gains. The unemployment rate in [...]
It’s everywhere! You can hardly open a newspaper without encountering good news about Saskatoon’s growing economy. Some are even starting to use the boom word. Perhaps what’s most striking is that I’m hearing this news on a daily basis from people who reside outside of the province, would be investors who are obviously catching wind [...]
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