The Saskatoon real estate market changed forever in 2007.
The price of a home rose 45 percent over the course of a year, and in spite of consistently low levels of MLS® inventory, annual residential real estate sales hit a new high with 4,448 Saskatoon homes changing hands, a number that we wouldn't see again, until this year. Just before noon today, the Saskatoon MLS® system recorded its 4,449th sale for 2014 to usher in a new record.
Here's a little history of residential sale numbers over the past ten years.
Of course, I knew that listing numbers were also higher than normal this year, but until I constructed this chart I hadn't realized just how high this year's number is.
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