Saskatoon Real Estate News

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This Just In-Saskatoon’s Population Expected To Boom! The title of this blog was a bit of a poke at the Star Phoenix as I don’t think it is new news that our population is expected to boom. I am always faced with the question “Why?” when people are talking about our population growth. Many people in Saskatchewan don’t understand how strong our […]
March Saskatoon Real Estate Market Update The Saskatoon real estate market was busy in the month of March.  We saw an increase in listings of houses or condos for sale in Saskatoon by 21% and a 35% increase in sales. Spring tends to be the most active real estate market in Saskatoon. With the winter being as long as it was […]
Saskatoon News February Saskatoon Real Estate Market Update The real estate market in Saskatoon in February was considerably slower in 2013 than 2012 but that may have had something to do with the weather we were experiencing! The first bit of March and the warmer weather seem to be affecting the Saskatoon real estate market in a good way. Saskatoon home listings were […]
Saskatoon-Fastest Growing City in Canada Saskatoon is growing-fast! For the third year in a row Saskatoon is the fastest-growing metropolitan area in Canada. This includes our bedroom communities of Warman, Martensville, Dundurn and Dalmeny and in the year long period ending in July we grew by 4.1% from 272, 771 to 284, 008 according to numbers released by Stats Canada […]
January Saskatoon Real Estate Market Update The January real estate market in Saskatoon was busier in the surrounding communities than in Saskatoon. Compared to 2012 the sales activity in communities and acreages outside of Saskatoon was up 40% which may have something to do with the mortgage changes as well as an overall shortage of houses for sale in Saskatoon in […]
Saskatoon News Saskatoon Real Estate Update For December The Saskatoon real estate market remained strong in December, despite our early and very cold winter. We experienced a year over year increase of 7% in the average sales price and and increase of 5% in units sold. The average home price in Saskatoon is currently just under $332,000 at the end of December while […]
Saskatoon Real Estate News Saskatoon Real Estate Market Update for November The Saskatoon real estate market for the month of November continues to show strength with the year to date sales up 7% from 2011. The number of homes for sale in Saskatoon listed this year is on par with the number a year ago but a slight increase in selling activity puts a slight pressure on the […]
Saskatoon Real Estate Market Update-October The real estate market in Saskatoon for October continued to show strength with continued growth in sales. There have been a total of 16 homes for sale in Saskatoon that have sold for over a million dollars this year, double from 2011. Three of those homes for sale in Saskatoon over a million dollars sold […]
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Saskatoon Housing Starts Jump A recent article in the Star Phoenix has stated that housing starts have jumped in Saskatoon from August to September according to CMHC. Demand for new houses in Saskatoon continues to be supported by full time job creation, rising wages, and positive net migration according to Lai Sing Louie, CMHC’s regional economist for the Prairies. […]
September Saskatoon Real Estate Market Update The Saskatoon real estate market has seen a moderate decline for the first time in 18 months for the number of sales in August and September. Current year to date sales are still up 6% compared to 2011. The homes that saw the largest decrease in sales have been the ones priced between $275,000 and […]
New Mortgage Regulations Impacting Saskatoon I work with some great mortgage brokers in Saskatoon and one of them just sent me and his core group of Saskatoon real estate agents a note yesterday to give us a heads up. The federal government is imposing some pretty big changes in the lending world when it comes to mortgages in Canada that […]
Saskatoon Real Estate Market Update for August I am a bit behind in writing this post due to a busy month however better late than never! The real estate market in Saskatoon may have slowed down a bit in August from the same month last year however year to date the number of real estate transactions in Saskatoon and area is up […]
July Saskatoon Real Estate Market Update The July real estate market in Saskatoon saw less houses for sale in Saskatoon and area for buyers to choose from than in 2011. At the end of July 2012 there were 2729 houses for sale in Saskatoon and area vs 3085 in 2011. This does not mean the market is jumping up in price as […]
Saskatoon Real Estate Market Update From June Better late than never is this post! The real estate market in Saskatoon has been busy which has put any blogging on the back burner for me. Our latest SRAR new release states that the number of properties for sale in Saskatoon is down only slightly yet the number of sales for the first six […]
New Mortgage Changes-How Will This Affect Saskatoon Real Estate? If you aren’t already aware there was a major change that occurred regarding amortization periods for government-backed mortgages (CMHC or Genworth). We have had as high as 40 year amortizations in the past 5 years and now we are going back to how things were prior to 2004 with a maximum amortization of 25 years. […]
Saskatoon Real Estate Market Update for May The Saskatoon real estate market remains strong this spring. We had 1240 properties for sale in Saskatoon at the end of May which is down 11% from 2011. We had 634 sales in May which is up 16% from 2011. The average price for a house for sale in Saskatoon is currently at $335, 178 which […]
April Saskatoon Real Estate Market Update April was a busy in the Saskatoon real estate market.  The number of houses for sale in Saskatoon increased by 4% from the same month in 2011 but we also saw an increase of 20% from 2011 in the number of houses in Saskatoon that sold in the same month. It is normal to see […]
New Listing-Saskatoon Condo Steps from Broadway Looking for a condo for sale in Saskatoon that has it all? This could be the Saskatoon condo for you. Located in Nutana, this top floor condo is literally steps from popular Broadway Avenue where you can find amenities such as groceries, restaurants, coffee shops, clothing shops, pubs, art, etc. Broadway is the most happening […]
Saskatoon Real Estate Market Update for March The Saskatoon real estate market continued to be hot in March. When looking at the entire first quarter of 2012 there was an increase of 14% from the same period in 2011 and combined with this the amount of houses for sale that were listed were down 2% from the same period. At the end of March we […]
Canadian Real Estate Agents Are Hopefully Now Aware of Real Estate Scam It is hard to believe it has been about a month since my name was used in a Saskatoon real estate fraud. I am glad that REM Online has posted an article to bring further awareness to Canadian REALTORS about the frauds taking place right under our noses. About 2 weeks ago I had a […]

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