The Saskatoon Real Estate Market is HOT!
We recently received the housing statistics for the month of July and we want to share our thoughts on the current market with you.
Check out the top 3 things we think you need to know about the Saskatoon Real Estate Market right now:
The number of home sales are up +41% for the month of July (this is comparing sales volumes against July 2019). This is a staggering increase in sales and it confirms that Saskatoon is an extremely HOT market right now.
Sales volumes are up 4.1% year to date (YTD) (this is comparing sales volumes for the entire year as of the end of July 2019). This is an impressive statistic considering sales in June 2020 were down -3.6% YTD. Within the span of a month, we've caught up to sales volumes from 2019. This is quite surprising considering we are dealing with a pandemic right now, and you would expect our market to have slowed down because of it.
58 of the 550 sales in July were $500K and above. This shows great confidence...