Numbers came out this week regarding the average home price in Saskatoon, Saskatchewan.  For those of you that have not been reading the blog up to this point, Saskatoon is located in Canada and is currently experiencing a housing boom.  The average house price for a house in Saskatoon in June was $252,433 CDN up from the price in June 2006 of $160,547 CDN.

A large reason for this increase is both the number of frustrated potential home buyers bidding irrational prices just to get property and the influx of investors from outside the city.  An example of these external investors are those investors from Alberta who have entered the market due to the high prices found in the Alberta market.  …

Read more articles on Real Estate Investing and Saskatoon Real Estate.