The average asking price of Saskatoon listings on saskhouses.com during the month of January was $314,496, a drop of $14,000 from January of 2009, but almost identical to January 2007's average asking price.
An interest rate hike this summer?
Don't count on it. For the Bank of Canada to raise rates before the middle part of 2011 would be totally inconsistent with its current forecast
Canada's Economy has turned the corner: RBC
The Royal Bank of Canada is reporting that Canada's economy showed signs of picking up pace in the final-quarter of 2009, and it is predicting stronger than previously expected growth in 2010.
Canadian Real Estate hits new high in December
The Canadian Real Estate Association reported sales & prices were both up significantly in December of 2009 - compared with December of 2008. (Photo courtesy Associated Press)
Saskatchewan housing starts down in 2009
Housing starts in Saskatoon in 2009 did not keep pace with construction activity in 2008, despite a jump in numbers for December.