One of Canada’s Big Banks Predicts Rate Hold until 2019
With variable mortgage rates closely tied to the overnight rate; it is great to hear that the TD Bank forecasts the Bank of Canada overnight target rate will remain unchanged until 2019. With continued lower rates, this makes purchasing a home more affordable. The record sales month that we seen in August also points to a positive […]
Canadian Home Sales Down Three Percent in May: CREA Reports
The numbers are in for May 2016, and The Canadian Real Estate Association (CREA) is reporting that the number of homes sales via Canadian MLS® Systems is down “2.8 percent month-over-month in May 2016 after having broken all previous monthly sales records in April.” The two provinces that lead the way in the decline were […]
Are Saskatoon Real Estate Sales & Pricing Past their Peak? SRAR Says Yes
To be honest, I think most people in Saskatchewan, and maybe Canada, seen this coming. The market has been red hot over the past 10 years or so and it was bound to take a correction. State of the market in Saskatoon? SRAR recently released an article stating that there was a slight decline in home […]
Importance of Pricing your Home to Sell
If you want your home to sell within a certain time frame, it is extremely important to price your home right. But, how do you know what price to set? Many homeowners want to set their list price based on factors such as how much they bought their home for, the balance of their mortgage, the […]
Saskatoon & Montreal on Investors Radar
Chris Potter, a partner at PwC Canada, says Saskatoon farmland has also become attractive to foreign investors, although it remains to be seen how much of an impact the oil price shock will have on the province’s real estate market. “Sometimes people scratch their head about Saskatoon, but over the last several years we’ve seen a lot […]
Saskatoon Real Estate Market on the Rise
A recent article in the Western Investor, called “Saskatoon real estate set to soar: forecast” gives us an inside look to where the real estate trends are headed in the very near future. This article is predicting that the Saskatoon Real Estate is becoming one of Canada’s hottest real estate markets in the coming year, and it’s being […]