According to the semi-annual Metro Monitor published by CIBC World Markets, Saskatoon has the strongest housing resale market in Canada. In fact, according to their report, both Saskatoon and Regina are sixth and seventh rated cities based on economic momentum.
The labor market in Saskatoon is also the strongest in the country, with Saskatoon posting the greatest percentage increase in employment numbers in the country.
What does this mean to a real estate investor or entrepreneur?
One word: opportunity. With more people buying real estate, it is a good market for flipping homes. According to sales in the MLS (multiple listing service), the average home price in May was $233,197 CDN compared to $220,682 CDN just one month ago. …
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