Saskatoon Real Estate News Saskatoon real estate market update for April 2016 The April 2016 Saskatoon real estate market sales has decreased slightly from 2015 where 395 houses for sale in Saskatoon sold. This year we saw 377 houses in Saskatoon selling for the month of April. The average home price in Saskatoon did see a small change from last year with the average house price at […]
Saskatoon Real Estate News Buyer’s market for condos If you’re looking to buy a condo in Saskatoon, it’s a buyer’s market! Great deals can be had for apartment and townhouse condos throughout the city. The main reason why: overbuilding. Currently the number of new condominiums for sale is up 35% over last year. Many condo developers began projects two years ago and are […]
Saskatoon Real Estate News Saskatoon real estate market update for February 2016 The February 2016 Saskatoon real estate market sales has decreased slightly from 2015 where 242 houses for sale in Saskatoon sold. This year we saw 231 houses in Saskatoon selling for the month of February. The average home price in Saskatoon did see a small change from last year with the average house price at […]
Saskatoon Real Estate News Plans for the new schools unveiled The Government of Saskatchewan recently released the final designs for the joint-use schools expected to open in 2017 around the province in Saskatoon, Regina, Martensville, Warman. Currently there are eight schools under construction in Saskatoon’s Hampton Village, Evergreen, Stonebridge, and Rosewood neighborhoods. Greater Saskatoon Catholic Schools and the Saskatoon Public school divisions will split ownership […]
Saskatoon Real Estate News New mortgage rules are now in effect The Liberal government has recently taken steps to minimize housing risks and has implemented new mortgage rules for homes priced over $500,000. As of February 15, 2016, properties over half a million will be subject to new lending laws. Buyers are still eligible to have a 5% down payment on the 1st $500,000 but now […]
Saskatoon real estate market update for January 2016 The January 2016 Saskatoon real estate market sales has decreased slightly from 2015 where 181 houses for sale in Saskatoon sold. This year we saw 178 houses in Saskatoon selling for the month of January. The average home price in Saskatoon did see a small change from last year with the average house price at […]
Success shaming I have to admit…I have delegated my blog writing in the past few years unless there is a subject that I feel very strongly about. This is one that has irked me year after year and I have dealt with it since I became a REALTOR® and have seen it happening all around me. Especially […]
Saskatoon Real Estate News Dundurn mega-mall at a standstill Brightenview Development has appeared to be stalled on the Dundurn mega-mall project after a lengthy amount of time and no construction has begun. The company has yet to submit an application to develop the land to the RM of Dundurn. The project site, near the town of Dundurn and on Highway 11, has drawn skeptics […]
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Saskatoon Real Estate News Saskatoon real estate update for December 2015 The December 2015 Saskatoon real estate market sales has decreased from 2014 where 213 houses for sale in Saskatoon sold. This year we saw 196 houses in Saskatoon selling for the month of December. The average home price in Saskatoon did see a small change from last year with the average house price at $352,417 […]
Saskatoon real estate market update for November 2015 The November 2015 Saskatoon real estate market sales has decreased from 2014 where 292 houses for sale in Saskatoon sold. This year we saw a market decrease with 280 houses in Saskatoon selling for the month of November. The average home price in Saskatoon did not see significant changes from last year with the average […]
Insights to the Saskatoon real estate market Recently I was interviewed by point2homes.com about Saskatoon’s ever changing real estate market and the effect that this current market has on buyers. Our Saskatoon market has been showing strength and stability in a sea of vulnerability found in other Canadian markets. If I could describe our market in just one word, I’d say ‘balanced’. […]
What will Justin Trudeau’s win mean for the real estate market? October 19th’s majority win lead by Justin Trudeau of the Liberal Party will push an overhaul of Canada’s tax system, infrastructure spending, and the economy in general. But what changes can homeowners expect to come from this new government in office and how does this affect real estate? Sherry Cooper, chief economist for Dominion Lending […]
Saskatoon real estate market update for September 2015 The September 2015 Saskatoon real estate market sales has decreased from 2014 where 393 houses for sale in Saskatoon sold. This year we saw a market decrease with 329 houses in Saskatoon selling for the month of September. The average home price in Saskatoon did not see significant changes from last year with the average […]
Saskatoon Real Estate News Fraud prevention for REALTORS® Here are some common tips or red flags that that the e-crimes coordinator of the Regina City Police has suggested that agents look out for. The following are points for real estate agents to avoid becoming potential victims of fraud: Questions why someone would be contacting the real estate agent, offering to purchase property sight […]
Household debt hits record high The debt to income ratio is an important one. It is a good indicator on how strong the economy is and gives lenders a look at how financial secure you are as an individual. On average, this ratio for Canadians rose to an all time high in the second quarter. In the wake of low […]
Saskatoon Real Estate News Saskatoon real estate market update for August 2015 The August 2015 Saskatoon real estate market sales has decreased from 2014 where 393 houses for sale in Saskatoon sold. This year we saw a market decrease with 329 houses in Saskatoon selling for the month of August. The average home price in Saskatoon did not see significant changes from last year with the average […]
Saskatoon Real Estate News Prime land opportunity Prime land development is about to come a real possibility within the Saskatoon City limits. The University of Saskatchewan is preparing to lease more than half of its land holdings over the next four decades. This means nearly 1,000 acres of undeveloped land up for grabs within 5 kms of downtown Saskatoon. The U of […]
Saskatoon Real Estate News Saskatoon real estate market update for July 2015 The July 2015 Saskatoon real estate market sales has increased from 2014 where 419 houses for sale in Saskatoon sold. This year we saw a market decrease with 444 houses in Saskatoon selling for the month of July. The average home price in Saskatoon did not see significant changes from last year with the average […]
Average rental rates across Canada Having a home with a secondary suite has become common place with many people turning to alternative methods to qualify for housing as house prices increase. Recently CMHC has announced that they will be changing the rules to allow more homeowners to rent out their properties. Currently, 50% of the rental income from legal suites […]
Saskatoon real estate market update for June 2015 The June 2015 Saskatoon real estate market sales has decreased from 2014 where 527 houses for sale in Saskatoon sold. This year we saw a market decrease with 463 houses in Saskatoon selling for the month of June. The average home price in Saskatoon did see significant changes from last year with the average house […]