Joanne Paulson: Single detached homes hard to come by in Saskatoon market

  • 📰 TheStarPhoenix
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Buyers are still scrambling to find stand-alone houses in Saskatoon.

In economic theory, by now there should be more detached houses under construction; goodness knows there’s demand for them.Article content

Still. In my view, this can’t go on forever, and when will it shift? Guérette wasn’t sure either when I asked her that question, but she is concerned about what will happen when the inevitable change comes.“Back in 2007 when all that was happening, prices were really low. Something needed to give, and then it happened really quickly.”

In addition, municipalities continue to use policy to press for higher-density neighbourhoods, Guérette said. “That kept going. It wasn’t as bad as people were saying. Yes, it did flood the market for a bit, but it was also a trend.” “The foreign buyer ban? Come on. You just moved the pressure from the first family home to the rental. That’s all you’ve done.”

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 253. in BE

Belgique Dernières Nouvelles, Belgique Actualités