Saskatoon Real Estate News

Housing up for the first half of 2014 in Saskatoon The first half of 2014 started with a bang. Saskatoon house sales were up 13% from 2013 totalling 3,249 and a total of 7,184 homes were listed for sale during the first half of the year also with an increase from 2013 at 15%. The Saskatoon real estate market is strong and as the city […]
Saskatoon News Making Bridge Park a reality It’s not set to be completed for another 25 years but Saskatoon is hoping to see the addition of what the City is now calling Bridge Park. It’s a green space that would allow vehicles, bikes, and pedestrians to cross the CP rail yards in north downtown. The park would cover 5 acres and connect […]
Saskatoon News Retail opening in Rosewood City council has just approved a new development in Rosewood for retail space. Arbutus Properties is set to develop retail space, named Meadows Market, with construction to begin immediately on the infrastructure. Rosewood will see a retail area in it’s ‘town centre’ which will include wide sidewalks, front store parking, and a community gathering space […]
Saskatoon real estate market update for May 2014 The May 2014 Saskatoon real estate market improved slightly from 2013 where 425 houses for sale in Saskatoon sold. This year we saw the market increase it’s sales with 493 houses in Saskatoon selling for the month of May. The average home price in Saskatoon didn’t see significant changes with the average house price at $356,843 for […]
Sharpest increase is found in Saskatchewan It was announced yesterday by Statistics Canada that Saskatchewan had the highest percentage increase for residential property values in Canada between 2005-2011. The rise was reported to be 139.8% or a total value of $87.7 billion. Not surprisingly, Saskatoon led all the metropolitan areas in the country for price increases. Property values increased a total […]
Saskatoon News Saskatoon’s newest neighbourhood – Brighton A new neighbourhood has been announced for Saskatoon’s south east, and it’s not going to be a small one either. Brighton is set to house 15,505 residents when complete. That’s the same size as the city of Yorkton. When complete it will be the largest neighbourhood in Saskatoon in terms of population. Brighton is also […]
Saskatoon Real Estate News The cost of owning a home just became a bit more affordable Deciding whether or not to buy a home in Saskatoon? This might just push you over the fence. Investors Group just released what is believed to be the lowest rate offered on a variable rate loan, offering a mortgage interest rate of 1.99%. The company is offering 1.01 percentage points off its prime rate of […]
Anti-spam law soon to be in effect Similar to the “Do Not Call” list put forth by the Canadian government, there will be a new law regulating electronic messages in effect July 1, 2014. The Canadian Anti-Spamming Legislation (CASL) will be a stricter, and broader legislation that will deal with electronic messages that deal with the commercial industry and anything that encourages […]
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A move towards Realtor® transparency The Association of Saskatchewan Realtors® (ASR) has decided to move forward with a new Rate-your-Realtor® system. The site, Realsatisfied.ca, is controversial and was not successful at a national level but in the months following the defeat of the project, members of the Saskatchewan real estate industry expressed a desire to look into it further. A task […]
Saskatoon real estate market update for March 2014 The March 2014 Saskatoon real estate market improved slightly from 2013 where 344 houses for sale in Saskatoon sold. This year we saw the market increase it’s sales with 382 houses in Saskatoon selling for the month of March. The average home price in Saskatoon didn’t see significant changes with the average house price at $353,973 for […]
Saskatoon News Growing pains Saskatoon is a city that keeps growing. With a population of over 250,000 people now, Saskatoon needs to rethink its long term strategies. Expansion is enivitable but for the past 30-40 years the city has grown out and more space has been acquired. One expert in the field, Avi Akkerman -a professor of urban planning […]
A solution to the problem- Chaparral Ridge A recent article in the Star Phoenix shone a spotlight on affordability and the rental markets in Warman and Martensville. These two recent cities are expanding and growing but a number of concerned business owners are concerned. Both Warman and Martensville were among the fastest growing cities in Canada as of the last census. They […]
Saskatoon Real Estate News First time home buyers tax credit Tis the season for tax time. Owning a home is a major financial decision but did you know that as a first time home buyer you can receive a credit on the purchase of a home? Canada’s Economic Action plan assists first time buyers with the costs associated with the purchase of a home such […]
Welcome to the spring market! It’s been a busy week for real estate in Saskatoon and area. Older, stagnant listings have been selling and new listings are selling like hotcakes! Price is key. I listed 3 houses this past week and already have a conditional sale on one of them! First; I listed a beautiful raised two-storey in Willowgrove. 810 […]
CMHC insurance price increase Canada Mortgage and Housing Corp. is raising the mortgage insurance premiums for the first time since 1990’s and suggested that even more hikes could be on the way. The increase will apply to policies obtained May 1 and later. Genworth, the private mortgage insurer in Canada, also quickly followed suit. Mortgage insurance is required by […]
Saskatoon real estate market update for February 2014 The February 2014 Saskatoon real estate market improved slightly from 2013 where 263 houses for sale in Saskatoon sold. This year we saw the market increase it’s sales with 300 houses in Saskatoon selling for the month of February. The average home price in Saskatoon didn’t see significant changes with the average house price at $349,092 for […]
Saskatoon News New SIAST facility in Saskatoon With a growing economy comes a growing demand for trades as the city expands. Specifically, the demand for plumbers and pipefitters in Saskatchewan has prompted SIAST to open a new training facility. The 3 classroom, 3050 sq ft space offers a large shop space and is close to the existing main campus. This new centre […]
Saskatoon Real Estate News Saskatoon Real Estate Market Update for January 2014 The January 2014 Saskatoon real estate market improved slightly from 2013 where 221 houses for sale in Saskatoon sold. This year we saw the market increase it’s sales with 228 houses in Saskatoon selling for the month of January. The average home price in Saskatoon didn’t see significant changes with the average house price at $354,037 for […]
Martensville expansion Martensville is a city 8 km north of Saskatoon that is ever expanding. In 2009 it received it’s City status and it’s been growing ever since. Recent retail growth has included Tim Hortons, Dairy Queen, Canalta Hotel, Taco Time, Pharmasave, among others have found a place to call home in this city. Saskatoon Co-op as […]
Blackstrap Provincial Park expands its amenities Blackstrap Provincial Park, nearby the town of Dundurn (40 KM’s from Saskatoon), is getting some much needed attention. Currently the park offers campsites, a boat launch, swimming, playground facilities, and even a beach. It’s been commercially underdeveloped for many years and now will see a 2.6 million dollar project under construction. A marina and rental […]