Posts Tagged ‘surveys and studies’
Posted by Norm Fisher on November 29, 2010
RBC Economics released its Housing Trends and Affordability study this morning and reported improved affordability in all areas of the country. Here’s what they had to say about Saskatchewan, which saw “significant improvement,” albeit slightly less so than the national average. Spurred in part by a decline in homeownership costs, Saskatchewan home buyers resumed house [...]
Posted by Norm Fisher on October 19, 2010
The Royal LePage House Price Survey released today showed softening price appreciation across most housing types surveyed in Saskatoon. The modest year-over-year price increases reflect strong activity at the end of 2009 and beginning of 2010, but market activity slowed down considerably in the third quarter of this year. Overall unit sales for the third [...]
Posted by Norm Fisher on October 15, 2010
It seems that nobody has bothered to tell the new housing side of the Saskatoon real estate market about the “downturn” and the pending doom that some are predicting for Canadian housing. Just last week, Canada Mortgage and Housing Corporation (CMHC) released their preliminary housing starts data for September of 2010 which shows housing starts [...]
Posted by Norm Fisher on October 7, 2010
I had hoped to post on this “report” earlier but some technical gremlins got in the way. For some reason, when I added Mike to our contributors list, WordPress took the position that I should no longer write here and would only allow my posts to go up with either Riel’s or Mike’s name and [...]
Posted by Norm Fisher on October 2, 2010
Canada Mortgage and Housing Corporation (CMHC) released its flagship annual report on Thursday and while I have not yet had time to read it, I wanted to get it posted here in case you’d like to give it a go. This is not your typical CMHC report. Rather, it’s an extensive review of the “state [...]
Posted by Norm Fisher on July 7, 2010
Royal LePage’s House Price Survey for the second quarter of 2010 was released this morning. Here is the release for the Saskatoon area. SASKATOON, July 7 /CNW/ – The Royal LePage House Price Survey and Market Survey Forecast released today showed solid price increases across most housing types surveyed in Saskatoon. Price gains were strongest [...]
Posted by Norm Fisher on May 5, 2010
Strong home sales driven by consumer efforts to beat rising interest rates and the harmonized sales tax coming soon to Ontario and British Columbia will push the nation’s average home price to just under $350,000 before it peaks and starts to decline says a report released by TD Economics today. While sales should come close [...]
Posted by Norm Fisher on March 18, 2010
The final quarter of 2009 saw softer sales and growing inventory “put a damper” on rising house prices in Saskatchewan, according to RBC’s March 2010 Housing Trends and Affordability Study. While housing affordability “eroded mildly” on a national level, Saskatchewan showed “substantial improvement.” The big bounce in resale activity that took place during the spring [...]
Posted by Norm Fisher on March 2, 2010
The Canada Mortgage and Housing Corporation (CMHC) released it Canadian Housing Market Outlook for 2010 today predicting residential resale activity across Canada will grow by just less than five percent to 486,700 while new housing starts rise by roughly as much to 175,150. According to CMHC the average price of a resale home in Canada [...]
Posted by Norm Fisher on February 24, 2010
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 [...]
Posted by Norm Fisher on January 27, 2010
I can’t imagine that it would come as much of a surprise to anyone that the cost of home ownership in Saskatoon has skyrocketed in recent years. According to the recently released “6th Annual Demographia International Housing Affordability Survey” owning a Saskatoon home priced at the median in Q3/2009 would have cost about 4.4 times [...]
