Most local real estate agents and investors agree that there is a scarcity of available investment properties in Saskatoon. I have talked to several agents and investors recently looking for apartments or small strip malls or office buildings and fielded a number of calls from agents looking for prospective properties for sale.
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Mar. 9th - CMHC are reporting a better start in new home construction compared with last year - They say there were 121 houses started in the city and area in February - Click here for further details

Mar. 5th - Colliers McClocklin Real Estate Corp say there is now two million square feet of office space in the city - They say the 6.14% vacancy rate is a healthy level - Click here for further details

Mar. 5th - The Lighthouse Supported Living tower has been cancelled - It was going to be the city's tallest building - Click here for further details

Mar. 3rd - The SRAR indicates that 2010 MLS sales are starting out about par with 2009 - They say that there have been 415 homes sold to date - Click here for further details

Feb. 26th - Standard and Poor's has confirmed the City of Saskatoon's AAA credit rating - This is the 20th year of the highest credit rating possible - Click here for further details

Feb. 18th - CMHC are forecasting the number of housing starts will increase again - The City says that a shortage of contractors and builders is part of the slow down last year - Click here for further details

Feb. 13th - Colliers McClocklin Real Estate Corp are forecasting a more active commercial real estate market in 2010 - They say the vacancy rates are at healthy levels - Click here for further details

Feb 9th - The U of S has released the plans for two of the new student residences to be built shortly - The 2 buildings will be 5 stories each and will house around 400 students - Click here for further details - Click here to view the website

Jan 29th - Saskatoon Co-op have announced that they will be building a new gas bar and cardlock and a new agro centre this year - They are scheduled to open this fall near BuzHub and next spring on 51st Street - Click here for further details

Jan 21st - BHP Billiton have announced that they have taken the $240-million next step to creating a new potash mine near Lanigan - It could be in production as soon as early 2015 - Click here for further details - Click here to view the website

Jan 15th - North Ridge Development Corp has been selected to re-develop the Arthur Cook building on 24th Street - City council has approved this recommendation - Click here for further details

Jan 12th - CMHC are reporting a decline in the number of house starts compared with last year - They say there were 1,428 houses started in the city and area - Click here for further details

Jan 11th - The re-use of the McNab Park housing is selling well - There are reportedly 43 of the 60 affordable housing units have sold in the past 4 months - Click here for further details

Jan 8th - Royal LePage Real Estate say that house prices were up slightly in the last quarter of 2009 - They say the first half of 2010 should remain strong - Click here for further details

Jan 5th - ICR Commercial Real Estate are forecasting an increase in investment in 2010 - They say investors stayed on the sidelines in 2009 due to the economy - Click here for further details

January 5th - SRAR says that MLS house sales figures have remained active with a slightly lower average sale price - A total of $1.065 billion in residential sales is reported - Click here for further details

Dec. 22nd - Work has started on the new U of S student residences - It is the first phase of a multi-phase project - Click here for further details

Dec. 17th - A CMHC report says the average apartment rental rate increased $64/month over the past year - They say the vacancy rate remained even - Click here for further details

Dec. 16th - The RM of Corman Park is reporting a reduction in building permit valuess - They say 2009 saw a return to pre 2007 levels - Click here for further details

Dec. 8th - Statistics Canada are reporting an increase in building permits - They say the mild fall encouraged more houses to be started - Click here for further details

Dec. 4th - BHP Billiton are moving into Discovery Plaza - They will occupy the third floor and have an option on the fourth floor - Click here for further details

December 2nd - CIBC has ranked Regina and Saskatoon second and third in their metropolitan economic activity index - growing populations and expanding job markets helped - Click here for further details

December 1st - The City has approved the construction of a destination centre at River Landing - It will be the new home for the Mendel Art Gallery - Click here for further details

November 27th - The Blairmore big box developer wants to re-option the 7.59 acres from the City - The previous agreement expired - Click here for further details

November 23rd - The City has taken the River Landing commercial site off the market for a 3 month review - Lake Placid is still interested in the development - Click here for further details

November 21st - The City has postponed plans for a new downtown bus terminal - It is now planning a city centre review to develop a civic plaza plan - Click here for further details

November 16th - A survey by the City finds there are 613 vacant lots in the core area - The City itself owns 150 of them - Click here for further details

November 3rd - A new refinery is announced for the Langham area - it is expected to be running in 2012 - Click here for further details

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