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Saskatoon Housing Market – Q1 2018 Update

The first quarter stats are in.  After trending close to 2017 demand for January and February, a downturn in March has resulted in an 11% reduction for Saskatoon homes sales…

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Category: Buying, Market Update, Selling, Uncategorized

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Saskatoon Housing Market – 2017 Year End

The Saskatoon Real Estate market ended the year much like it started, with relatively high inventories and buyer’s market conditions. Total home sales for the year were 3,491 units, which…

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Category: Buying, Market Update, Saskatoon Real Estate Market, Selling

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Saskatoon Housing Market – November 2017 Update

In the last update, I mentioned mortgage rule changes resulting in increased demand for October. We felt that a number of buyers rushed their purchase to avoid the changes that were effective…

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Category: Buying, Market Update, Saskatoon Real Estate Market, Selling

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Saskatoon Housing Market – October 2016 Update

The month of October closed with some positives for Saskatoon’s housing market, as sales were up by 8% compared to October 2015.  The big news for the month was changing mortgage…

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Category: Buying, Market Update, Saskatoon Real Estate Market, Selling

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Saskatoon Housing Market – August 2016 Update

August shaped up to be a pretty good month, with Saskatoon realtors reporting a 13% increase in $ sales compared to August 2015. After several months of negative trends, this…

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Saskatoon Housing Market – May 2016 Update

The story for the past couple of months seems to be rising house inventories in Saskatoon and area. Our inventory of houses and condos for sale is currently above 2100…

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Saskatoon Housing Market – March 2016 Update

Saskatoon continued to experience buyer’s market conditions for March. Home sales for the month were down 6% compared to the same period of last year. This meant that 715 homes were…

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Saskatoon Housing Market – Royal LePage Home Price Survey

There have been two recent reports on the Saskatoon housing market, and home prices in 2015. SRAR, and Royal LePage have both released their data and comments. Royal LePage’s fourth quarter…

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Saskatoon Real Estate Market – 2015 Year in Review

We have officially drawn 2015 to a close for the Saskatoon Real Estate Market. At Royal LePage, we felt that the biggest challenge in our market was the historically high…

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New CMHC Down Payment Rules

CMHC recently announced some changes in down payment requirements for homes purchased above $500,000. CMHC insurance is only required for high-ratio loans, or mortgages where the buyer is putting up less than…

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Category: Buying, Saskatoon Real Estate Market, Selling, Uncategorized

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