Is the Canadian housing market too hot? - 02/16/10 09:17 AM
By CBC News, cbc.ca, Updated: February 16, 2010 9:25 AM
Flaherty moves to toughen mortgage rules

Finance Minister Jim Flaherty announced new rules Tuesday aimed at preventing homebuyers from getting into financial difficulty when mortgage rates rise.
After consulting with major Canadian lenders, Flaherty outlined the latest weapons at Ottawa's disposal aimed at removing some of the speculative froth in the housing market.
"There is no evidence of a housing bubble, but we're taking prudent steps today to prevent one," he said at a news conference in Ottawa.
Broadly speaking, the plan unveiled has three components.
First, Ottawa will require … (1 comments)

SRAR Releases January Stats for Saskatoon, Saskatchewan - 02/06/10 09:36 AM
 This is the January 2010 update for Saskatoon, Saskatchewan, Canada. We are in the middle of the prairies but moving along nicely from 2009 thru 2010
Check out my website at www.saskatoon4sale.com for more info or assistance in this market.
January Home Sale Numbers Soften Slightly From January 2009
Saskatoon REALTORS® assisted 179 homebuyers with the purchase of a home. This number was down 16% from January 2009 when 212 homes exchanged hands. The average residential selling price was $270,191.00 down 3% from January 2009 having an average residential selling price of $ 278,939.00. The average selling price declined slightly … (0 comments)

 
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John Pearce

Saskatoon, SK

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Royal Lepage Saskatoon Real Estate

Address: 620 Heritage Lane, Saskatoon, SK, S7H 5P5

Office Phone: (306) 242-3535

Cell Phone: (306) 880-0946

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Updates on the market activity in Saskatoon, Saskatchewan, Canada


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