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SRA MEDIA RELEASE As the province continues to re-open, the real estate sector is experiencing a strong recovery. Year-over-year sales across the province were up close to 50% from June of last year (and only down 0.3% year-to-date showing that we’ve nearly recovered all of the sales lost during the lockdown), new listings were up almost 8% (down 14.5% year-to-date), and the median home pric ...

As interest rates continue to drop to historic lows — fueled by the ongoing COVID-19 pandemic — an uptick in mortgage applications has flooded the financial community. The Mortgage Bankers Association (MBA) reported an 8 percent increase in mortgage loan application volume for the week ending June 12, 2020. Before first-time homebuyers pull the trigger on buying a new home, they should und ...

As interest rates continue to drop to historic lows — fueled by the ongoing COVID-19 pandemic — an uptick in mortgage applications has flooded the financial community. The Mortgage Bankers Association (MBA) reported an 8 percent increase in mortgage loan application volume for the week ending June 12, 2020. Before first-time homebuyers pull the trigger on buying a new home, they should und ...

SRA MEDIA RELEASE Across the province, year-over-year sales were down nearly 14% from May of last year (nearly 13% year-to-date), new listings were down almost 20% (both year-over-year and year-to-date), and the median sale price was down 5.7% (down 2.2% year-to-date). Despite this negative performance, and considering a pandemic that has led to a global recession, Saskatchewan’s real esta ...

COVID-19 has had significant economic impact across all sectors of the economy. Despite those challenges, the Saskatchewan real estate market has been relatively resilient to date. While Q1 new listings and average prices were down 4.4% and 0.2% respectively over last year, Q1 sales were up 7.0%. The true impact of the pandemic, however, was not going to begin to be felt until April, and a ...

Saskatchewan Residential Real Estate Market sees little effect of COVID-19 in March COVID-19 There can be no denying that COVID-19 has had a tremendous impact on global and local markets. While the true extent of the pandemic’s effects will not be known for some time, we can begin to get an idea of how markets are being affected. In Saskatchewan, the first presumptive case of COVID-19 app ...

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% ...

Did you know that our province has some of the highest rates of radon in Canada? What is it? Radon is an invisible, odorless gas that naturally occurs when the uranium in soil, rock and water breaks down. Is it harmful? As it escapes from the ground and is diluted by outdoor air, the concentration is very low and is harmless But, if it enters enclosed spaces, it can be a health risk, ca ...

2019 ends on a positive note, with strong residential sales throughout several markets. The Saskatoon residential housing market finished off on a positive note with yet another strong month of sales in December. In the city of Saskatoon, there were 203 sales in 2019, up 24.5 percent from 2018 where 163 sales were recorded. Sales volume also increased by 8.3 percent from $55.2 million i ...