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Century 21 Canada awards banquet 2015
Last week, the Saskatchewan Century 21 agents came together to celebrate our annual awards achievements. It was a great time, allowing us to catch up with those agents from across the province that we haven’t seen in awhile and meeting those that are new.
This year, similar to last, I was able to accept my award for Double Centurian. It is one of the most highest awards given by the company for individual production and the second year I received the honour. I also was named #37 for production and #33 for units in ALL OF CANADA! I worked very hard last year and despite being pregnant and having a child, I was able to continue the pace I had set for myself the year before.
Congrats to all the award winners and to everyone who worked hard last year and hopefully we can make this year as successful as the last. If you are interested in hiring me to buy a home or sell a home, please contact me and I’ll show you what my award winning sales can do for you.
Kari Calder
Saskatoon real estate agent
Century 21 Fusion
Kari@saskatoonrealestate.net
Saskatoon real estate market update for December 2014
The December 2014 Saskatoon real estate market sales has increased from 2013 where 260 houses for sale in Saskatoon sold. This year we saw a slight market increase with 278 houses in Saskatoon selling for the month of December.
The average home price in Saskatoon did see significant changes from last year with the average house price at $356,476 for 2014. This is up 4.0% from last year’s $344,469 in December.
Currently, the average time to sell a house in Saskatoon has increased slightly from November’s 40 days to 43 days.
By the end of December, homebuyers in Saskatoon had 1,290 homes to choose from with 336 of those being condos for sale in Saskatoon.
Listing inventory in Saskatoon has increased with 519 new house listings in Saskatoon in 2014 while in 2013 we saw 494 new units placed on the market, signifying an increase of 5.0%.
If you are looking for a qualified and experienced Saskatoon real estate agent, contact me for more information or to set up a meeting to discuss the current market and all your real estate needs.
Kari Calder
Saskatoon Real Estate Agent
Century 21 Fusion
Best wishes for a fantastic 2015!
I hope everyone had a happy holiday season this year and had a year that they’ll never forget. I know I certainly did with the year starting off with a trip of a lifetime to Africa and rounding out with the arrival of my son. I’m not sure how 2015 is going to top that but I sure hope it comes close!
I am also proud to say I reached a career highlight this year at my Century 21 National Conference where I won Canadian Sales Associate of the Year. With over 9000 agents nationwide this was a surprising win and I was excited just to have been nominated. I walked across the stage in Niagara Falls, 8 months pregnant, and received my award with great enthusiasm and a few tears. Thank you to everyone who has supported me over my 7+ years in the business and who continue to send your friends/family my way. It was a combination of my sales success but also testimonials provided by clients, my participation in the company and community and about 17 other criteria that led me to win this prestigious award.
Real estate in and around Saskatoon continues to be busy. 2014 saw a balanced market similar to 2013 and an average house price steady at just under $ 356,476. The busiest price point always seems to be the under $350,000 range as there are still a lot of first time buyers getting into the market. As of December 1st the six month rolling average house price in Saskatoon is $346,197 up from $341,065 last year.
Century 21 Fusion continues to support the Air Miles program as well as focusing on Easter Seals as our charity. I work for a great company! We are trying to send more kids to camp every year and with our charity events and donations we achieve this goal year over year.
On another note I also would like to thank all of you for my continued success. I was the only agent in Saskatoon to have achieved Double Centurion in 2013 and have already reached that in 2014. Thank you again for your business and continued support.
Enjoy your year and keep in touch!
Kari Calder
Saskatoon real estate agent
Century 21 Fusion
How decreasing oil prices will impact home prices
Most people are taking advantage of the dropping oil prices and are enjoying filling up at the gas stations now. But for some, especially those who work in the oil and gas industry, it has a very negative impact most seen by our neighbours in Alberta. How will the lowering oil prices affect house prices? Will they affect prices across the country?
Calgary is Alberta’s largest city and has had house prices jump 6% over the last year. The result of the lowering oil prices will likely slow the rapid house price increase and is expected to rise by 3% in 2015 making the average house price in Calgary $497,500. The expected decrease will come from buyers becoming wary of the market and waiting things out to see if the average house price will decrease even further.
Although most agree that unless the low oil prices persist for a longer period of time, Calgary won’t see a decline in average house prices but rather a slowing down from the rapid increases they’ve seen in the past. The rapid increase in average house price that they’ve seen as of late and now this decrease in oil will cause Calgary to move into a more balanced market.
Across Canada, the effects won’t be seen unless jobs are cut and the overall economy which isn’t anticipated for 2015. The rest of Canada however, is supposed to see smaller house prices in 2015 but it won’t be due to the lower oil prices.
Higher inventory levels in many cities, and as some places switch to more affordable condominiums, are forecast to be the major contributing factor in centres seeing a average house price increase. 2014 saw a 6.2% increase nationally in price and 2015 is anticipated to bring a 2.5% increase.
Saskatoon is forecast to see a static market, not a increase or a decline in average house price, for 2015. Prices are expected to remain at $333,900 for the year. Winnipeg is also forecast to remain the static while Regina and Edmonton are expected to see a similar price increase of around 4% making the average house price $346,500 and $389,900 respectively.
Want to know more about what’s going on in the Saskatoon real estate market? Contact me today and I’d be glad to answer any questions you might have.
Kari Calder
Saskatoon real estate agent
Century 21 Fusion
Kari@saskatoonrealestate.net
Saskatoon real estate market update for November 2014
The November 2014 Saskatoon real estate market sales has increased from 2013 where 291 houses for sale in Saskatoon sold. This year we saw a slight market increase with 293 houses in Saskatoon selling for the month of November.
The average home price in Saskatoon did see significant changes from last year with the average house price at $360,187 for 2014. This is up 4.0% from last year’s $346,475 in November.
Currently, the average time to sell a house in Saskatoon has decreased slightly from October’s 43 days to 40 days.
By the end of November, homebuyers in Saskatoon had 1,448 homes to choose from with 485 of those being condos for sale in Saskatoon.
Listing inventory in Saskatoon has increased with 601 new house listings in Saskatoon in 2014 while in 2013 we saw 474 new units placed on the market, signifying an increase of 26.8%.
If you are looking for a qualified and experienced Saskatoon real estate agent, contact me for more information or to set up a meeting to discuss the current market and all your real estate needs.
Kari Calder
Saskatoon Real Estate Agent
Century 21 Fusion
A look at Canada’s real estate market
Data was just released by the Canadian Real Estate Association (CREA) for Canadian home sales and pricing for 2014 and the real estate market in Canada has been prospering. Home sales across the country show a 7.1% increase from last year. The data also showed that the resale market continues to be strong with the strongest activity for the month of October since 2009.
According to Gregory Klump, CREA chief economist, while the strength of national sales activity is far from being a Canada-wide phenomenon, it extends beyond Vancouver, Calgary and Toronto.
October sales were up from last year in close to 70% of all local markets. Greater Vancouver saw the greatest increase with Fraser Valley, Victoria, Calgary, and Greater Toronto following. Combined sales in these 5 markets account for almost 40% of national sales activity.
The home price index increased by 5.51% in October from last year. Price gains have been steady between 5-5.5% since the start of the year.
Although gains have been seen in the top 5 markets, prices in the Saskatoon real estate market were flat as were Ottawa, Montreal, Moncton and Regina actually saw a decrease of 3.4%.
The national home price average in October was $419,699 showing a 7.1% increase from sales last year. If you exclude Toronto and Vancouver’s markets from the data, the adjusted national average is $330,596 with an increase of 5.4%. Compared to Saskatoon‘s current average at $362,037.
If you are interested in investing in the real estate market or have questions about our current local market, pleas contact me today and I’d be more than happy to discuss the market in detail.
Kari Calder
Saskatoon real estate agent
Century 21 Fusion
Saskatoon real estate market update for October 2014
The October 2014 Saskatoon real estate market sales has increased from 2013 where 375 houses for sale in Saskatoon sold. This year we saw a slight market increase with 383 houses in Saskatoon selling for the month of October.
The average home price in Saskatoon did see significant changes from last year with the average house price at $362,037 for 2014. This is up 4.7% from last year’s $345,928 in October.
Currently, the average time to sell a house in Saskatoon has increased slightly from September’s 41 days to 43 days.
By the end of October, homebuyers in Saskatoon had 1,484 homes to choose from with 451 of those being condos for sale in Saskatoon.
Listing inventory in Saskatoon has increased with 767 new house listings in Saskatoon in 2014 while in 2013 we saw 703 new units placed on the market, signifying an increase of 9.1%.
If you are looking for a qualified and experienced Saskatoon real estate agent, contact me for more information or to set up a meeting to discuss the current market and all your real estate needs.
Kari Calder
Saskatoon Real Estate Agent
Century 21 Fusion
Property taxes across the country
Ever wonder what other’s across the country are paying for property taxes? Would it surprise you to know that homeowners in some of Canada’s most expensive real estate markets pay some of the country’s lowest taxes? And those with the least expensive markets are paying some of the highest taxes?
The Real Property Association of Canada (REALpac) just released some new numbers on property tax rates across the country. Of all the cities surveyed, Vancouver came in with the lowest tax rates.
Homeowners in Vancouver were found, on average, pay $3.68 every year in taxes per $1,000 of assessed property value. Comparatively, Regina pays $13.69 for every $1,000. The study also found that residents of Vancouver who’s average house price including condos is $613,000 pay on average about half that as a resident of Saskatoon where the average house price is $353,000.
Saskatoon was named the city with the highest on average property tax among major centres in Canada at $4,440. Hooray (?)
The City of Saskatoon is disputing this claim and has said that the property taxes were calculated using a biased approach. They also state that it failed to take into account that Saskatoon tax levies taxes on only 70% per cent of a home’s value although Altus Research Group who did the initial calculations claimed they did.
1. Vancouver – $2,322
2. Montreal – $2,704
3. Calgary – $2,830
4. Edmonton – $2,947
5. Winnipeg – $3,347
6. Halifax – $3,875
7. Toronto – $3,947
8. Ottawa – $4,057
9. Regina – $4,065
10. Saskatoon – $4,440
Kari Calder
Saskatoon real estate agent
Century 21 Fusion
