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All Posts Tagged Tag: ‘canada’

How Canadian real estate prices vary from the U.S.

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The price of real estate varies quite significantly across the country but also varies quite a bit from our neighbors to the south. The largest variance is seen in the U.S. where the price of real estate can be between anywhere between $86,000 to $3.3 million. Canada on the other hand sees a much smaller swing. The data was released …

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Looking for a cheaper alternative? Look east.

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With the new mortgage rules in effect, first time buyers are finding that it’s more difficult than ever to buy a home. With the average house price in Saskatoon at $350,000, it can be very discouraging. Searching across Canada, hope can be restored. In Saint John’s, New Brunswick the old north end is filled with century old homes, many that …

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Affordability across Canada

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Rental website Rentseeker.ca has produced a new, 3D graph depicting how much it costs to buy a home and what the average was last year in the same city. This give prospective buyers hope to one day achieve their goals of home ownership, when looking at most cities. Some cities such as Toronto, the average home price grew 12.1% in …

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Factors that will drive up Canadian mortgage rates

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There are several factors that help determine if Canada’s mortgage interest rates are set to increase or decrease. As we’ve seen as of late, the rates have been creeping upwards and I’m not sure if there is any end in sight any time soon. Here’s a few factors that will determine the interest rates: 1. The strength in the US …

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$450,000 across Canada

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The average house price in Canada for the month of June ended up at $453,560. Comparatively, the average house price in Saskatoon for June was $360,550. Since last year, sales are up 9.6% across Canada. In Saskatoon, we saw a decrease or 0.3% from the same time last year. With the average house price sitting around $450,000, ever wonder what …

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Mortgage free getting a little tougher; found survey

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A recent survey conducted for CIBC by Angus Reid found that on average, Canadians expect to be mortgage free by age 58, one year later than a similar poll conducted last year. Living mortgage free for most, signals the age to retire. With the age of obtaining that dream getting larger, it may seem like a hopeless situation for some. …

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Make sure you read the fine print

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Last week BMO lowered their 5 year fixed interest rate to 2.99%, down from 3.49% in an attempt to gain market share. Buyers are delighted but financial experts are concerned that this reduction will cause concern in an already busy spring market. The new rate offered by BMO is a promotional rate and offered until April 17/14. What it is …

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Success for business found in Saskatoon

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Business owners are finding success in Saskatoon. For a second year in a row, Saskatoon has been named as one of Canada’s top entrepreneurial cities – following narrowly behind Calgary. The survey was conducted by the Canadian Federation of Independent Business Owners and examines 107 cities across Canada. Companies state that opening up a business here offers an easy, pain …

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Saskatoon named one of the fastest growing centres

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Saskatoon has been named as one of Canada’s fastest growing centres by the latest report put out by The Conference Board of Canada.  The report forecasts Saskatoon, along with Regina, to undergo a tremendous growth period by year end and in the coming year.  Our economies are expected to triple as compared to the overall Canadian economy.  This surge is …

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Century 21 Canada Wins Zoocasa Lawsuit

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I am proud to say that, not only are we industry leaders in technology, but we are also industry leaders in ensuring our data is used only when appropriate. Zoocasa, a subsidiary of Rogers Communications, breached contract and this led to copyright infringement for collecting and reproducing data from our Century 21 Canada website without consent. This is also known …

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