Did you know that Regina has been declared a buyers’ market by the Conference Board of Canada? According to the Board, the price of resale homes in the capital city is expected to grow by five per cent year-over-year.
In Saskatoon, the region continues to have a balanced home resale market. While sales and listings of existing homes appear to have dropped in May, the Saskatoon area remains positioned for some short-term price growth.
According to the Board, the Saskatoon region is projected to experience a seven-per-cent or higher increase in the price of resale homes over the next 12 months. However, the Board’s data also shows that the average price of a resale home in the city of Saskatoon has dropped by 1.9 per cent to $284,581 in May.
Are you in the market for a new home in Regina or Saskatoon? Our experts at CENTURY 21 Conexus Realty can help. They have the expertise needed to make your real estate experience a positive one.
BMO predicts 4.2 per cent economic growth in Saskatchewan this year. The forecasted growth would be the highest in Canada and would be attributed to a rebound in the potash sector, strength in energy and a growing population.
Saskatchewan continues to see positive interprovincial migration thanks to relatively low living costs and bright economic prospects. With the population growth there is also an increase in construction activity that is predicted to continue to rise.
When one looks at the growth in retail sales and an unemployment rate that is the lowest in Canada, it is plain to see that Saskatchewan is the place to be (which is no surprise to the people who have lived here for awhile)!
So what are you waiting for? Come visit Saskatchewan and see what our province has to offer. We’re convinced you’ll love it as much as we do. In fact, we’re guessing you will think this is a pretty great place to live – and we can help you find the perfect home so you can live here, too!
Whether you are looking for a permanent home for the family or a recreational property to spend some time ‘away from it all’ our Conexus CENTURY 21 agents can help make your dream become a reality.
Are you ready to be a part of the Saskatchewan buzz? Contact a CENTURY 21 Conexus Realty agent today! They have the expertise needed to make your real estate experience a positive one.
Canada Mortgage and Housing Corporation released Friday that September was another exceptionally busy month for home builders in Regina, Saskatoon and many other Saskatchewan cities.
There were 136 housing starts in the metropolitan Regina area in September, which was up a whopping 67.9 per cent from September of last year.
In the metropolitan Saskatoon area there were 191 starts, which was a 44.7 per cent increase in the same month last year.
Read the entire article: http://www.leaderpost.com/business/Housing+starts+increase+sharply/3647736/story.html