Saskatoon Real Estate Blog

  • Canadian Housing Starts Surge, Permits Edge Down

    Canadian housing starts rose more sharply than expected in December and November building permits were also firmer than anticipated, separate reports showed on Tuesday, suggesting Canada’s long housing boom may not be over.   Canadian housing starts surged 10.6 per cent in the final month of the year, well past already rosy expectations, as builders…

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  • On a Variable Rate Mortgage? Consider This

    Variable Rate Mortgage Got some great information from the RBC recently about a variable rate mortgage. If you are currently on a variable rate mortgage, below is some information to consider about the current rate situation. There is no need to panic about this info, it is just solid info to help you make a…

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  • 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…

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  • Saskatoon Real Estate Market: August 2016 is Record Month

    August was a record month for real estate sales in Saskatoon. The total dollar value for sales was just over $210M this past month, eclipsing the previous best August performance which was $180M in 2013. This is great news for the Saskatoon real estate market as 2015 year-to-date sales were down 10% at the end…

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  • 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…

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  • 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…

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  • Saskatoon Real Estate Market Update May 2016

    Spring is here, the snow is off the ground and everything is turning green. Housing numbers though for the month of April were mostly RED when comparing to last years numbers in the Saskatoon Real Estate Market. Here’s some quick real estate market stats from April 2016: There are 2012 active MLS listings in Saskatoon,…

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  • Realtor on the Move in Saskatoon

    After almost 16 years of being located at 3032 Louise street, I have made the move to the Two Twenty building on 20th street. Just another positive spin for our inner city neighbourhoods. With my relocation from suburbia to the Riversdale I look forward to continuing to serve my clients, just from a new, fresh…

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  • 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…

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  • Real Estate Trends

    Real Estate trends have done some interesting things over the past couple of years. Sales in September from 2013 to 2015 are as follows:   2013 – $122,306,881 2014 – $151,329,407 2015 – $120,254,571   In September 2014, over 151 million dollars in real estate had sold; comparing that to this year’s 120 million. So…

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