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All Blog Entries by Jill Bird

Found 2 blog entries published by Jill Bird.

Some residential markets moving towards balance, but the majority of the province favours buyers.

Saskatoon
Saskatoon and region continued to show growth in the residential real estate market. Sales of 230 in the city were up 9% from 211 in February 2019, and the region saw sales grow 11% from 283 last February to 314. Sales were above the 5-year average of 295, but still below the 10-year average of 338. Year to date (YTD), sales were up over last year; 9% in the city, from 412 to 449, and 8.6% in the full region from 556 to 604.

Sales dollar volume was also up. In the city there was a 3.2% increase of $73.7M over last February, and in the region, last month’s $93.5M sales were up 7.4% over 2019’s $87.1M. YTD sales dollar volume was up 10% in the

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Most people think it is best to wait until the new year to list their home. That is not totally correct. Statistically in December inventory numbers are low. It appears most Sellers wait until the new year; but ask yourself, when would you like to Sell your home? When there are more homes on the market or less? Pre-approved Buyers have an interest rate guarantee for 60-90 days max, would it not make sense to list your home when there are fewer homes to choose from. Interest rates have risen and are continuing to rise, which is forcing house prices to drop. We are aware of our cold winters in Saskatchewan but right now Buyers are motivated looking at properties. Some employees are relocating for work this time of year to start the first quarter in

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