January 2011 Prairie Economic Fundamentals
- Thread starter Ally
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- Mar 24, 2009
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Saskatoon home prices rise by more than 6%
Prices for Saskatoon bungalows, condos and two-storey homes all rose by more than six per cent during the last months of 2010, Royal LePage Real Estate said Thursday.
With an increase of 6.7 per cent during the same period in 2009, detached bungalows took the top spot for price increases, selling at an average of $331,250 in the fourth quarter.
Prices for standard condos in 2010 rose 6.2 per cent over the year prior, selling for an average of $230,000 at the end of last year.
Standard two-storey homes sold for an average of $359,250 in the fourth quarter of 2010, a 6.1 per cent increase over the same period in 2009.
`The market is performing as earlier predicted for many regions in Canada,` said Norm Fisher, associate broker with Royal LePage Saskatoon Real Estate.
Read the full article here.
Prices for Saskatoon bungalows, condos and two-storey homes all rose by more than six per cent during the last months of 2010, Royal LePage Real Estate said Thursday.
With an increase of 6.7 per cent during the same period in 2009, detached bungalows took the top spot for price increases, selling at an average of $331,250 in the fourth quarter.
Prices for standard condos in 2010 rose 6.2 per cent over the year prior, selling for an average of $230,000 at the end of last year.
Standard two-storey homes sold for an average of $359,250 in the fourth quarter of 2010, a 6.1 per cent increase over the same period in 2009.
`The market is performing as earlier predicted for many regions in Canada,` said Norm Fisher, associate broker with Royal LePage Saskatoon Real Estate.
Read the full article here.
- Joined
- Mar 24, 2009
- Messages
- 16,743
Winnipeg set to be hottest housing market
Forget Vancouver or Toronto. Winnipeg is poised to be Canada's hottest housing market this year.
In fact, 2011 is shaping up to be the year of the mid-sized city with St. John's, Fredericton, Regina and Saskatoon also enjoying some of the strongest price increases in the country.
A lot of first-time buyers are already being priced out of large urban centres. With the Bank of Canada expected to resume interest-rate increases later this year, affordability will become a bigger issue for even more buyers.
Read the full article here.
Forget Vancouver or Toronto. Winnipeg is poised to be Canada's hottest housing market this year.
In fact, 2011 is shaping up to be the year of the mid-sized city with St. John's, Fredericton, Regina and Saskatoon also enjoying some of the strongest price increases in the country.
A lot of first-time buyers are already being priced out of large urban centres. With the Bank of Canada expected to resume interest-rate increases later this year, affordability will become a bigger issue for even more buyers.
Read the full article here.