“Saskatchewan’s resale housing market will cool down in 2010, with sales forecast to increase a modest 0.4 per cent, the lowest among the provinces, according to Canadian Real Estate Association” Interesting prediction, with sales growth to be the lowest in Canada. This is after a relatively weak 2009 year. With “British Columbia and Ontario are [...]
Saskatoon remains “seriously unaffordable” according to ” the 6th Annual Demographia International Housing Affordability Survey” 2010. Affordability is based on a multiplier, that is the years of the median income used to pay for the median priced house. “historically…. median house prices being generally 3.0 or less times median household incomes”. Saskatoon currently stands at [...]
A government sponsored concept study is suggesting Regina build a domed stadium, and that in the long run, a facility useable for 12 months of the year is actually the financially feasible option. Will Regina build the dome? Will Pat Fiasco put a practice bubble over Taylor Field’s turf in the winter, which would preclude concerts [...]
It looks like the recession is finally in Saskatchewan, or at least consumers have finally realized that double digit year over year sales increases just weren’t sustainable, or a bit of both. Retail sales are down 4.6% in Saskatchewan year-over-year to May 2009. Probably reasonable. Some of that is likely due to some cut backs [...]
The Government of Saskatchewan created a new web page that will allow people to look up restaurants and see their health inspection reports. The web page just launched today and as of right now it seems like it is just preliminary as not all restaurants seem to have reports available. If anyone sees a really [...]
At 4.6%, Manitoba has the lowest unemployment rate in all of Canada. Lower than Saskatchewan. Lower than Alberta. Just some more doubt that Saskatchewan is really THE trend setter in Canada economy wise. http://www.winnipegsun.com/news/manitoba/2009/05/08/9395836.html
Alberta had the lowest taxes in Canada last year, followed by New Brunswick @ #2 and Saskatchewan at #3. http://finance.sympatico.msn.ca/retirement/gordonpowers/article.aspx?cp-documentid=19213808 This is on top of Alberta having the highest average weekly incomes in Canada, highest income growth in Canada (ie spreading the Alberta Advantage) and surprisingly affordable housing in most communities including Edmonton, especially after [...]
As recently as January 2009, the Alberta Advantage stands at over $150 a week! Alberta wage growth continues to out pace Saskatchewan. Not only is the weekly average income, at $955, higher in Alberta than Saskatchewan’s $802, but to the end of January 2009, Alberta’s wages grew by 7.9%, well above Saskatchewan’s 6.3% year over [...]
http://www.normfisher.ca/images/teamblog/stats032109_avg.jpg Wow, almost surprising it came so soon. Everything is down year over year. Just have a look at the graph!
Saskatoon’s “new housing price index” is down 2.7% from January 2008 to January 2009. Meanwhile, Regina’s “new housing price index” is up 21.7% for the same period. Year over year price drop in Saskatoon? Inventory still growing? Big layoffs? Apparently Regina, not Saskatoon, is doing better of the two Saskatchewan cities housing wise. Then again, [...]