…that is what the average home owner in Saskatoon is saying right now when they go to flip their home! You get 57% more moola in your jeans today for the average house, than you would have just 6 months hence. Shut off the Saskatchewan signs and turn on the Alberta ones because this just does not happen here…until now.
I spent 12 years in Alberta and worked at the beginning of this latest oil boom…and because of the diverse economic infrastructure of this province, it is happening here too. Great to see that such a terrific province gets a turn in the sun. It is about time and it couldn’t happen to a better group of people.
So if you are looking to buy a home in or around Saskatoon, do it now. Prices are going to continue this trend until they reach almost $300,000. If you think that price is outrageous, keep in mind that the average selling price of a detached home across Canada sells for over $450,000.