Saskatoon population drops by 2000 since January 2007?

Saskatoon’s population has seen a decrease of 2,000 people since January 2007 according to an estimate just released by a Toronto analytics firm. Generation 5 provides population estimates for the City of Saskatoon between census periods.

According to the Star Phoenix, “The firm uses census figures as a starting point, adjusted by databases of consumer spending, home sales, and address information to arrive at its estimates.

Information from various sources suggests Saskatoon’s population grew from 202,340 in 2006 to 214,034 by the beginning of 2007, and receded to 212,000 by mid-2008.

Anyone else have any thoughts on how these measures could lead to the conclusion of a population drop, given that 2007 produced a record number of homes sales, and Saskatoon has been the nation’s leader for consumer spending?

Read the Star Phoenix story here.

I’m always happy to answer your Saskatoon real estate questions.  All of my contact info is here. Please feel free to call or email.

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Norm Fisher
Royal LePage Vidorra

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