RSS

New property listed in Stonebridge, Saskatoon
I have listed a new property at 230 Sutter PL in Saskatoon.
Welcome to 230 Sutter place. This 3 bed, 3 bath, 2-story home sits on top of an almost 8000sq ft lot in a quiet cul-du-sac, in the desirable neighborhood of Stonebridge. The home has an open concept main floor with durable laminate floors and stone countertops which make it ideal for entertaining. The second floor has 3 bedrooms all with walk in closets! The primary bedroom features a 3pc ensuite bath and there’s an additional oversized main bathroom with lots of counter space. Don’t miss your chance book a viewing today!
Read

New property listed in Richmond Heights, Saskatoon
I have listed a new property at 1122 Hazen ST in Saskatoon.
Welcome to 1122 Hazen Street. This 1007 sq ft bungalow is a terrific find in the desirable neighborhood of Richmond Heights located within blocks of two elementary schools, walking distance to the river & easy access to the U of S. The main floor has 3 bedrooms, a renovated kitchen and newer windows. There is a deck off of the dining room, a great backyard, a detached garage, and a large driveway for extra parking. The large basement suite has been updated, has tons of light with large windows, separate entry, and its own laundry. The suite has its own separate entry. You can’t get access to the suite except by using the outside entrance. Excellent set up. This is a great opportunity for someone wanting to live in a sought after neighbourhood with the added benefit of a basement suite.
Read

New property listed in Silverwood Heights, Saskatoon
I have listed a new property at 151 Chan CRES in Saskatoon.
Welcome to 151 Chan Crescent. This upgraded bi-level is a terrific find in the desirable neighborhood of Silverwood Heights located close to schools, walking distance to the river & Meewasin Valley trail. The main floor has newer flooring, a spacious living room, renovated kitchen with ample storage, and upgraded window. There is a two tiered deck off of the dining room, and a great backyard. There’s an attached garage, and a large driveway for extra parking. The bi-level basement has tons of light with large windows. This is a great opportunity for someone wanting to live in a sought after neighbourhood. As per sellers direction, presentation of offers will take place Monday August 29th at 3:00pm.
Read

New property listed in Stonebridge, Saskatoon
I have listed a new property at 230 Sutter PL in Saskatoon.
Welcome to 230 Sutter place. This 3 bed, 3 bath, 2-story home sits on top of an almost 8000sq ft lot in a quiet cul-du-sac, in the desirable neighborhood of Stonebridge. The home has an open concept main floor with durable laminate floors and stone countertops which make it ideal for entertaining. The second floor has 3 bedrooms all with walk in closets! The primary bedroom features a 3pc ensuite bath and there’s an additional oversized main bathroom with lots of counter space. Don’t miss your chance book a viewing today!
Read

New property listed in Rosthern
I have listed a new property at 108 2nd AVE in Rosthern.
Welcome to 108 2nd Ave in Rosthern. This well maintained 1122sq ft, 2 + 2 bedroom home is on a mature quiet street and has an attached 1 car garage. There is hardwood flooring in the oversized living room, hallway and bedrooms. The large kitchen has ample storage and lots of natural light. It has PVC windows & newer doors, mid efficient furnace and appliances are included. The basement has the same square footage as the main floor and has two bedrooms, large family room and a generous storage room. The fenced backyard has been well maintained and has a large deck. Close to schools and amenities.
Read

 

We’ve recently seen several national news headlines talking about how Canada’s housing market is declining and home sales and prices are dropping.


So should you be worried? What does this really mean for you?

This month, we are going to dig into the news headlines and share what you really need to know about the current market conditions.

Here are some National Headlines from the past week:

  • A Global News article stated that “Canadian home prices were down 23% in July from February peak”
  • The Financial Post had a headline that said “Bottom still a ways off for Canada's housing market”
  • CTV News posted that “Canadians cope with a correcting housing market”.

If you were to rely on these national headlines alone for market information, you would likely conclude that market conditions all over Canada are declining rapidly. But you need to keep in mind that all of these headlines are based on National averages, not data specific to Saskatoon and surrounding area. We want to show that when you focus more locally, into the Saskatoon real estate market specifically, the statistics definitely tell a different story.

For example, when you compare the change in average sales price from July 2021, to July 2022 on a National level the stats show that prices have gone -5% across Canada.

But when you zoom into Saskatoon’s market, average prices have actually increased by 6.5% over the last year. That's an 11% swing between the national averages and the local Saskatoon averages. So this is just one example of why you shouldn’t always rely on national headlines to guide local market decisions.

Also, when you compare Saskatchewan’s housing prices compared to pricing across the rest of the country, Saskatchewan is actually the third most affordable province in all of Canada. In June 2022, the average home price in Saskatchewan was $333,400.00. In BC the average home price was a whopping $947,216.00 and in Ontario it was $881,475.00. You could almost buy 3 homes in Saskatchewan for the price of one home in BC or Ontario.

When you look at predictions for the housing market, many experts will agree that nationally we can expect to see the average home price decrease by as much as -12% by the Spring of 2023. In markets like BC and Ontario, RBC has stated that they think we could see declines that exceed 14%, but in Saskatchewan we will likely only see dips in prices of around 3%.

So just remember, the next time you hear a national news headline that is claiming that the sky is falling and the housing market is headed for the toilet, remember that you need to look closer into your local market statistics here in Saskatoon to get a better picture as to what is really going on and how it will affect you.

If you see an article on the news and you have questions as to how it relates to our local market, we are always happy to go over the data with you to give you a more accurate picture of our market landscape.

Contact Us:

Tait Real Estate - Realty Executives Saskatoon
Jamie Tait - 306.203.0004 - jtait@realtyexecutives.com
Ross Tait - 306.230.2338 - rtait@realtyexecutives.com



Read

New property listed in Wakaw Lake
I have listed a new property at Lot 21 Block 1 Rural Address in Wakaw Lake.
Welcome to Lot 21 Block 1 First Point Beach, Wakaw Lake. This waterfront 864 sq ft cabin offers 3 bedrooms, living room with wood burning fireplace, vaulted ceilings, upgraded pine interior, and a huge covered deck overlooking the lake and 90’ of shorefront property. Located at the west arm of the lake, First Point is the closest beach to Saskatoon in a calm bay area that is well sheltered. Boats are moored on private docks all summer with a nice easy slope to the waters edge. You are only 5 mins to the town of Wakaw and only a short drive to Saskatoon. There is a 50’ x 100’ lot across the road for extra parking and storage that can be leased from the RM on a 25 year lease. Wakaw Lake is home to a regional park, stunning golf course, and many amenities that make lake living convenient and comfortable. Furnishings and housewares are included. Sewer is connected but water is hauled. With some TLC this cabin on the lake could be the retreat you’ve been searching for.
Read

New property listed in Corman Park Rm No. 344
I have listed a new property at 2 Discovery TRAIL in Corman Park.
Welcome to #2 Discovery Trail. Just a quick 5 min drive from the city. This Beautiful walkout bungalow has 3 bedrooms and 2 bathrooms on the main floor with a great open concept dining, living, and kitchen area. The south-facing deck and windows bring in tons of sunlight throughout the day. There is also an attached 3 car garage. Since this home is a walkout the basement living room is very bright. There are also 2 more bedrooms, 1 bathroom, an office, cold storage, and a mechanical room in the basement. This property also includes a large fenced-off garden area with a garden shed, covered storage, and a 28x44 heated shop all on a property full of trees for privacy.
Read

New property listed in Fairhaven, Saskatoon
I have listed a new property at 208 Lochrie CRES in Saskatoon.
Welcome to 208 Lochrie Cres. This charming bi-level home was built in 2000 and is move in ready. Granite countertops in kitchen, central A/C, 2 fireplaces, and a large deck out back. All appliances are included. There is a non-legal, studio style suite in basement. All of the appliances comes with the suite as well and it has its own separate laundry. Owner has use of family room and own laundry in basement. The basement family room could be used as an extra bedroom as well. The suite makes up the remainder of basement but has its own with separate entry. You can’t get access to the suite except by using the outside entrance. Excellent set up. This is a great opportunity for someone wanting a newer home that has the added benefit of a basement suite. The home is a Semi-detached build but the units are only connected by a shed there are no shared walls.
Read
Categories:   interest Rates | Saskatoon Real Estate | 10-step Marketing Plan | 2024 Home Goals | Adelaide/Churchill, Saskatoon Real Estate | affordable homes | affordable homes in canada | Arbor Creek, Saskatoon Real Estate | Aspen Ridge, Saskatoon Real Estate | Attracting Buyers During the Holidays | Best home realtor Saskatoon | best place to live | Blairmore, Saskatoon Real Estate | Brevoort Park, Saskatoon Real Estate | Briarwood, Saskatoon Real Estate | Brighton, Saskatoon Real Estate | builder reputation | Buy Now or Wait | buying a home in saskatoon | Buying And Selling Tips | canadian real estate | Carpentry Expertise | Central Business District, Saskatoon Real Estate | choosing a builder | City Park, Saskatoon Real Estate | Clavet Real Estate | Confederation Park, Saskatoon Real Estate | Corman Park Rm No. 344 Real Estate | customization and standard features | Deb Murdoch | December | December Home Sales | Declutter Your Home | Depersonalize | dream home planning | Dundonald, Saskatoon Real Estate | Easter | Easter Egg Hunt | Easter weekend | Easter weekend in Saskatoon | Eastview SA, Saskatoon Real Estate | Economic Outlook | Episode Guide | Evergreen, Saskatoon Real Estate | Exhibition, Saskatoon Real Estate | Fairhaven, Saskatoon Real Estate | Financial Planning | financial tips | First Time Home Buyers | Fish Creek Rm No. 402 Real Estate | Forest Grove, Saskatoon Real Estate | Government incentives | Grandora Real Estate | Greystone Heights | Greystone Heights, Saskatoon Real Estate | Hampton Village, Saskatoon Real Estate | Haultain, Saskatoon Real Estate | heart of canada | hidden gem | Holiday Home Selling Tips | Holiday Selling Season | Holliston, Saskatoon Real Estate | home builder warranty | home building tips | Home Buying Advice | Home buying realtor Saskatoon | Home Buying Tips | Home Financing | home loan choices | Home Pricing Guide | Home Quality Checks | Home Sale Decor Tips | Home Selling Holiday Guide | Home Selling Strategies | Home Selling Tips | Home Staging Tips | Home Tips | Hot Market | House Hunting | housing affordability | Housing Market Analysis | HRV | interest rates | interest rates and housing | Invest Smart | investing in saskatoon property | investment opportunity | June Market Update | Just Listed | Kensington, Saskatoon Real Estate | Laird Real Estate | Lakeridge SA, Saskatoon Real Estate | Lakeview SA, Saskatoon Real Estate | Lawson Heights, Saskatoon Real Estate | Lemon Basil Martini | Listings | local expert | Maintenance | March | Market | Market Stability | Market Statistics | Market Timing | Market Trends | Market Update | Marketing | Martensville Real Estate | May Market Update | MLS Saskatoon | Montgomery Place, Saskatoon Real Estate | Mortgage | mortgage lending | Mortgage News | mortgage options | mortgage rates canada | mortgage strategies | Mortgages | new home construction | New Listings | New Year New Home | Newsletter | North Park, Saskatoon Real Estate | November Market Update | Nutana Park, Saskatoon Real Estate | Nutana, Saskatoon Real Estate | October Market Update | Pilger Real Estate | Professional Realtor Advantages | Property Insights | property investment | Property Marketing Strategies | Queen Elizabeth, Saskatoon Real Estate | Real Estate Advice | Real Estate Communication Skills | Real Estate Expertise | real estate finance | Real Estate Grants | Real Estate Investing | Real Estate Market Insights | real estate market trends | Real Estate Marketing | Real Estate Marketing During the Holidays | Real Estate Tips | Real Estate Trends | Realtor Skills | residential home builders | Residential Property | Richmond Heights, Saskatoon Real Estate | Rosewood, Saskatoon Real Estate | Rosthern Real Estate | Sales-to-Listing Ratio | Saskatchewan Housing Market | saskatchewan real estate | Saskatoon Activities | saskatoon growth | saskatoon home sales | Saskatoon Homes | Saskatoon homes for sale | Saskatoon homes for sale agent | Saskatoon housing agent | Saskatoon Housing Market | Saskatoon Listings | saskatoon living | Saskatoon Market | Saskatoon Property Trends | Saskatoon Real Estate | Saskatoon Real Estate Market | Saskatoon Real Estate Market Update | Seasonal Home Selling Advice | Seasonal Selling Advantages | Selling | Selling your home | Selling Your Home in Winter | Selling Your House in Winter | September Market Update | Shields Real Estate | Silverspring, Saskatoon Real Estate | Silverwood Heights, Saskatoon Real Estate | Spring | Spring Maintenance Checklist | Staging Your Home for the Holidays | Stonebridge, Saskatoon Real Estate | Successful Home Sales | Sump Pump | Sutherland, Saskatoon Real Estate | tait real estate | Tait Real Estate Saskatoon | Tasteful Holiday Decorations for Home Sales | Thirsty | Thirsty Thursday | Top residential real estate agents Saskatoon | Unique Realtor Traits | Vanscoy Real Estate | Vanscoy Rm No. 345 Real Estate | Wakaw Lake Real Estate | Warman Real Estate | Westmount, Saskatoon Real Estate | Whats Hapenning in Saskatoon | Wildwood, Saskatoon Real Estate | Willowgrove, Saskatoon Real Estate | Year-End Real Estate | Young Real Estate
The Saskatchewan REALTORS® Association (SRA) IDX Reciprocity listings are displayed in accordance with SRA's MLS® Data Access Agreement and are copyright of the Saskatchewan REALTORS® Association (SRA).
The above information is from sources deemed reliable but should not be relied upon without independent verification. The information presented here is for general interest only, no guarantees apply.
Trademarks are owned and controlled by the Canadian Real Estate Association (CREA). Used under license.
MLS® System data of the Saskatchewan REALTORS® Association (SRA) displayed on this site is refreshed every 2 hours.