Henry Moulin ABR, CRES

Saskatoon, SK | 306-221-9221 | henry@saskatoonrealestate.com

Your Source For Real Estate:

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Sunday, June 24th, 2018

Family Fun Day

German Cultural Centre – 160 Cartwright St E

Time: 2:00 – 4:30 pm

Price: Free

Website: www.saskgermancouncil.org/

 

Ongoing

June 10th – 24th, 2018

Saskatoon Pride Festival

Website: saskatoonpride.ca

 

June 22 – July 1st, 2018

Sasktel Saskatchewan Jazz Festival

Website: www.saskjazz.com

 

June 16th – 23rd, 2018

Saskatoon Opera Presents La Boheme

Persephone Theatre – 100 Spadina Cres E

Time: 7:30 pm

Website: www.saskatoonopera.ca/

 

 

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Saturday, June 16th, 2018

80s Party Featuring Wang Chung & The Cutting Crew

Dakota Dunes Casino – 204 Dakota Dunes Way

Time: Doors – 7:00 pm, Show – 8:00 pm

Website: dakotadunescasino.com/entertainment/

 

Sunday, June 17th, 2018

Father’s Day Ultimate Brunch

German Cultural Centre – 160 Cartwright St E

Time: 10:00 am – 2:00 pm

Website: saskgerman.com

 

Ongoing

June 10-24th, 2018

Saskatoon Pride Festival

Various Locations

Website: saskatoonpride.ca

 

June 16th – 23rd, 2018

Saskatoon Opera Presents La Boheme

Persephone Theatre – 100 Spadina Cres E

Time: 7:30 pm, Saturday 2:00 pm

Website: www.saskatoonopera.ca/

 

 

 

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Home Listings Down Year to Date

  

Fewer home owners seem ready to put their home on the market this year compared to last. In May, a total of 943 properties were added on the Multiple Listing Service® (MLS®) in Saskatoon representing a 9% decrease from last May. Year to date there were 13% fewer homes listed year to date in Saskatoon.

 

The total number of active listings in Saskatoon at the end of May was 2,001, just slightly above the five year average of, 1,945 units. “Typically we see the highest number of active listings between May and September.” comments Jason Yochim, CEO with the Saskatoon Region Association of REALTORS®, “It’s the most active time in our market largely due to favorable weather.” He adds. Inventory levels for active MLS® listings reached an all-time high in July of last year with 2,210 homes for sale in Saskatoon. At the current rate of sales it would take five and a half months to liquidate the current stock of active listings. 


In May there were 364 home sales, a decrease of 13% from last May. Year-to-date sales for Saskatoon are down 7% with a total of 1,345 residential MLS® home sales. Home sales so far this year have declined in every price range with the exception of homes under $200,000 which saw a 30% increase for a total of 203 sales. The price range with the greatest decline in sales were homes priced between $450-500,000 with a year-to-date total of 85 sales, a 17% drop from last year. Homes selling between $750,000 and $1M are on par with last year at 19 sales. Homes in excess of $1M however are off sharply with three MLS® sales year to date. In 2017, there were three home sales in May alone over $1M and nine year to date.

The sales to listing ratio has decreased from 43% in April to 39% in May. The sales to listing ratio is a comparison of the number of sales for a period of time to the number of new listings. “Saskatoon remains a buyer’s market. However, homes that are priced to market and in good condition will still command great interest and in some cases competing offers.” comments Yochim. Last month, the average home in Saskatoon took 47 days to sell in Saskatoon last month, this is the lowest time to sell so far this year.

Year-to-date, the average sale price was $334,449, a 4% decrease from the same period last year. Since averages can be misleading, a better reflection of the market is the median. The median home sale price year to date is $320,000. The five year average for median residential home sale prices in Saskatoon is $341,980.

The Home Price Index Composite Benchmark Price (HPI) continued in an upward trend for most home types (except apartment style) again in May. The HPI is the most accurate indicator of where home prices are trending. For more information on HPI go to saskatoonrealtors.ca .

REALTORS® subscribe to a strict code of ethics and are dedicated to developing professional standards and continuing education in the real estate profession. This is not the case for those who sell real estate in the province and who are not members of an association of REALTORS®.

 

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Friday, May 25th, 2018

Ideas on Tap: Personal Branding

Vendasta – 4th Floor, 220 3rd Ave S

Time: 4:00 – 6:00 pm

Price: Free

Website: https://www.eventbrite.ca/e/ideas-on-tap-personal-branding-tickets-45811083183

 

Nature Needs Half | Naturecity Festival Presents Harvey Locke

Aden Bowman Castle Theatre – 1904 Clarence Ave S

Time: 7:00 pm

Price: Free

Website: wildaboutsaskatoon.org/

 

Saturday, May 26th, 2018

#1 Hits of the Opry

German Cultural Centre – 160 Cartwright St E

Time: 6:00 – 11:00 pm

Price: $25.00

Website: saskgerman.com

 

2nd Annual Sikh Day Parade

Dundonald Park – 130 Hunt Road

Time: 11:30 am – 3:00 pm

Price: Free

 

Saskatoon Mini Maker Faire 2018

Prairieland Park – 503 Ruth St W

Time: 10:00 am – 6:00 pm

Price: Advance Adult - $12.00, Advance (Age 6-12) - $8.00, Adult - $15.00, Age 6-12 - $10.00

Website: https://saskcraftcouncil.org/

 

SCRC Kilobots

Prairieland Park – 503 Ruth St W

Time: 10:00 am – 6:00 pm

Website: kilobots.com/events/

 

Sunday, May 27th, 2018

Saskatchewan Marathon

Meewasin Trail

Time: All Day

Website: saskmarathon.ca/

 

2018 Flores De Mayo Fiesta

Cathedra of the Holy Family – 123 Nelson Road

Time: 12:30 – 2:30 pm

Price: Adults - $30.00, Youth (Ages 6-12) - $10.00, Ages 5-0 – Free

Website: https://www.facebook.com/events/158467021511102/

 

Synchronized Swimming Watershow

Shaw Centre – 122 Bowlt Crescent

Time: 11:00 am – 1:00 pm

Website: saskatoonaqualenes.com

 

Ongoing

May 25th – 26th, 2018

Top of the Hops

Prairieland Park – 503 Ruth St W

Time: 6:30 – 11:00 pm

Website: https://www.topofthehops.ca/

 

May 25th – 27th, 2018

Ritornello Festival 10!

Remai Modern – 102 Spadina Cres E

Price: $20.00 - $80.00

Website: ritornello.ca/

 

 

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Saturday, May 20th, 2018

Mini Avengers Superhero Party

German Cultural Centre – 160 Cartwright St E

Time: 12:00 pm – 3:00 pm

Price: Ages 3-12 - $5.00, Ages 0-3 - $2.00

Website: saskgerman.com

 

Ongoing

May 16th – 20th, 2018

Cirque Du Soleil: Crystal

SaskTel Centre – 101-3515 Thatcher Ave

Website: sasktelcentre.com

 

 

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Spring Home Sales Show Positive Increase 

Residential home sales in Saskatoon were 6.7% higher than April of last year with 335 units selling last month. This represents a third of home sales in Saskatoon so far this year. Although the year to date sales for the first four months of 2018 is down 4.8% over the same period in 2017, last month’s increase in sales helped to close the gap. The increase in April sales also was a welcome reversal of a two month trend of declining sales for February and March. Unit sales for April showed increases for homes priced under $350,000. Of the 202 sales in April under $350,000, 73 were condominiums. Homes that sold between $400,000 and $450,000 showed a 30% increase in sales in April over the same month last year with 39 sales. Homes that are properly priced in that entry level have been seeing competing offers in many cases.

Also of note, year to date there have only been two residential sales over $1M in Saskatoon compared with six for the first four months in 2017. The number of active residential properties for sale in Saskatoon at the end of April was 1,834 units. This is consistent with the five year average of 1,830. This is largely due to a decrease in the number of new listings brought to the market. The number of new listings for the first third of 2018 was 2,594 compared to 3,024. This represents more than a 14% decline year over year.

The sales to listing ratio increased to 43% from 37% a year ago. The sales to listing ratio is a comparison of the number of sales for a period of time to the number of new listings. Although the sales to listing ratio is moving towards balance,  we are still in a buyer’s market. The increase in this ratio in April was largely due to the 6.5% reduction in new listings and the comparative 6.7% increase in sales. Last month, the average home in Saskatoon took 53 days to sell compared with the five year average of 47 days. 

The average sale price saw its first increase this year by 1.75% to $318,729 in April. For the first quarter of 2018, the average home sale price in Saskatoon was $333,826. Since averages can be misleading, a better reflection of the market is the median. The median home sale price increased slightly from March to $320,000. The five year average for median residential home sale prices in Saskatoon is $332,650. 

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Friday, May 4th, 2018

An Evening with Patsy Cline

Nutana Legion – 3021 Louise Street

Time: 7:00 – 9:30 pm

Price: $30.00

Website: www.celebrity-imposters.com

 

Saturday, May 5th, 2018

Fire in the Kitchen Cook Off

Prairieland Park – 503 Ruth St W

Time: Doors open at 5:30 pm

Price: $700.00 individual/$600.00 table of 8

Website: https://www.picatic.com/spffacookoff2018

 

Goodnight Moon and the Runaway Bunny

Broadway Theatre – 715 Broadway Ave

Time: 10:00 am and 1:15 pm

Website: broadwaytheatre.ca

 

Gord Bamford

Dakota Dunes Casino – 204 Dakota Dunes Way

Time: Doors 7:00 pm, Showtime 8:00 pm

Price: $45.00

Website: dakotadunescasino.com/entertainment/

 

Little Peanut Craft & Gift Fair

Saskatoon Exhibition

Time: 10:00 am – 4:00 pm

Price: $1.00

Website: https://www.facebook.com/events/132920067425081/

 

River Safety Day

River Landing

Time: 11:00 am – 4:00 pm

Price: Free

Website: www.theprairielily.com

 

SSO Season Finale with Gryphon Trio

TCU Place – 35-22nd St E

Time: 7:30 pm

Price: $15.00-$80.00

Website: saskatoonsymphony.org/event/masters-6-finale/

 

The Icons

German Cultural Centre – 160 Cartwright St E

Time: 6:00 – 11:00 pm

Price: $25.00

Website: saskgerman.com

 

Sunday, May 6th, 2018

Kyla in the Spring Art Show and Sale

German Cultural Centre – 160 Cartwright St E

Time: 3:00 – 7:00 pm

Price: $15.00 in advance, $20.00 at the door

Website: saskgerman.com

 

Mental Health and Addiction Services Fun Run/Walk

Diefenbaker Park

Time: 9:00 am

Website: https://www.mhasfunrun.ca/

 

Ongoing

May 6th – 8th, 2018

Centre for Forensic Behavioral Science and Justice Studies’ Violence and Aggression Symposium

University of Saskatchewan – 9 Campus Drive

Website: www.usask.ca/cfbsjs/va_symposia/VA2018/

 

May 7th – 9th, 2018

Menopause the Musical

Broadway Theatre – 715 Broadway Ave

Time: 7:30 pm

Website: broadwaytheatre.ca

 

May 4th – 6th, 2018

Saskatoon Jane’s Walks

Various Neighborhoods in Saskatoon

Price: Free

Website: janeswalksaskatoon.ca

 

 

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Friday, April 27th, 2018

Humboldt Broncos Tribute Concert

SaskTel Centre – 101-3515 Thatcher Ave

Time: 7:30 pm

Price: $65.00

Website: sasktelcentre.com

 

Ideas on Tap Presents: Small Business Branding – A Digital Marketing Bootcamp

Vendasta - #405-220 3rd Ave S

Time: 4:00 – 7:00 pm

Price: Free

Website: https://www.facebook.com/events/182432119072975/

 

Saturday, April 28th, 2018

Equine Assisted Learning Date Night

Lift Farm – Merril School Road

Time: 6:00 – 7:30 pm

Price: $100.00 per couple

Website: https://www.facebook.com/liftfarmEAL/

 

Free Meditation Retreat for Everybody

St. Joseph Parish – 535 8th St E

Time: 8:00 am – 11:00 am

Price: Free

Website: https://www.mahamevnawasaskatoon.com/

 

Saskatchewan Rush VS Calgary Roughnecks

SaskTel Centre – 101-3515 Thatcher Ave

Time: 7:30 pm

Price: $25.00-$69.00

Website: www.saskrush.com

 

Saskatoon Speed Dating Singles 34 – 45

Finn’s Irish Pub – Park Town Hotel

Time: 7:00 – 9:00 pm

Website: https://34to45april28.eventbrite.ca

 

The SJO Plays Stans Getz

Broadway Theatre – 715 Broadway Ave

Time: 7:30 pm

Price: $30.00/$15.00

Website: broadwaytheatre.ca

 

Sunday, April 29th, 2018

Saskatchewan Blue Cross MS Walk

Archibald Arena – 1410 Windsor Street

Time: 10:00 am

Website: mswalks.ca

 

Monday, April 30th, 2018

Donovan Woods and the Opposition

Broadway Theatre – 715 Broadway Ave

Time: 7:30 pm

Website: broadwaytheatre.ca

 

Ongoing

April 26th – 29th, 2018

The 2018 Saskatoon Gem & Mineral Show

German Cultural Centre – 160 Cartwright St E

Time: Thursday – Saturday 10:00 am – 8:00pm, Sunday 10:00 am – 5:00 pm

Price: Free

Website: canadagemshows.com

 

 

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Home Inventory Levels Declining

A year over year decline in home sales and new listings in February contributed to a declining availability of homes in the Saskatoon market. At the end of last month there was a total of 1,588 active residential listings in Saskatoon. This represented a 4% decline from a year ago when there were 1,659 properties available. Although the number of sale transactions in February, 211, represented a 6% decline from the same month last year, strong sales in January helped the overall sales year to date to remain 1% ahead of last year. Year to date, a total of 413 residential sales have been recorded on the MLS® in the city of Saskatoon. In February, REALTORS® in Saskatoon listed a total of 1,159 residential properties, this is a 14% decline compared to last February’s number of 1,332.


In February of 2016, a total of 1,410 homes were listed for sale. The number of transactions that occurred in Saskatoon was 203 units which represents an 11% increase over January of 2017. The overall dollar volume for home sales in Saskatoon was just under $70 million which is a 6% decline from last February. The year to date total volume of transactions is unchanged from last year at $139 million. Year to date sales in the region surrounding Saskatoon, which includes the cities of Warman and Martensville, totaled 122 units representing a 14% increase. The overall dollar volume for this surrounding market was just under $39.5 million for the first two months of the year, an increase of 12% compared to last year. “For the past couple of years inventory levels have hovered around 2,000 available properties.” Comments Jason Yochim, CEO with the Saskatoon Region Association of REALTORS® (SRAR) “It is definitely a positive trend to see inventory levels shrinking, this is helpful for slowing price decline.” he adds. The average sale price for a home in Saskatoon slipped 1% in February.

The Home Price Index (HPI) composite benchmark value declined only very slightly in the last 30 days to $292,800. Although this is its lowest point since February of 2012 the decline in the composite price appears to be slowing. With the exception of a couple of months in the spring of last year, the HPI composite value has been in an overall decline since August of 2016 when the value was $317,600. 

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Friday, February 23rd, 2018

Saskatoon Blades VS Regina Pats

SaskTel Centre – 101-3515 Thatcher Ave

Time: 7:05 pm

Price: $19.00 - $31.00

Website: www.saskatoonblades.com

 

Saturday, February 24th, 2018

Saskatchewan Rush VS Calgary Roughnecks

SaskTel Centre – 101-3515 Thatcher Ave

Time: 7:30 pm

Price: $25.00 - $69.00

Website: www.saskrush.com

 

Saskatoon Brass Band in Concert

Broadway Theatre – 715 Broadway Ave

Time: 7:30-9:00 pm

Price: Adults - $20.00, Students/Senior $15.00

Website: broadwaytheatre.ca

 

Serena Ryder

Third Ave United Church – 304 3rd Ave N

Time: 8:00 pm

Website: broadwaytheatre.ca

 

Ongoing

February 24th – 25th, 2018

Paw Patrol Live!

TCU Place – Sid Buckwold Theatre – 35-22nd St E

Time: 10:00 am and 2:00 pm, both days

Website: tcuplace.com

 

February 23rd – 25th, 2018

Three Plays by Don Nigro

Paved Arts Event Space – 424 20th St W

Time: Friday & Saturday 8:00pm, Sunday 2:00pm

Price: $20.00/$15.00

Website: https://www.facebook.com/toughchoiceproductions/

 

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Housing Sales Up Over January 2018

January home sales in Saskatoon are off to a positive start in 2018. The number of transactions that occurred in Saskatoon was 203 units which represents an 11% increase over January of 2017. The five year average for January is 194 units. Last month’s sales activity also resulted in an increase in the overall dollar volume of 10.5% to $90,673,143 representing the highest dollar volume for January since 2014. Sales in the region surrounding Saskatoon, which includes the cities of Warman and Martensville showed a 27.5% increase with 65 transactions and an 11.7% increase in dollar volume at $18,049,600.

“While it is still very early in the year, the past three months have shown trends of increasing sales for Saskatoon, which is certainly a positive sign after many months of lower sales.” according to Jason Yochim, CEO with the Saskatoon Region Association of REALTORS® (SRAR) “It is good to see inventory levels shrinking as well which will help with upward pressure on pricing in time.” he adds.

The average and median home price in Saskatoon in January also increased. The average sale price for a home in Saskatoon was $344,771, up 1% from last January, while the median price increased by 4.1% to 330,000. Significant increases in the number of homes selling in the higher price ranges contributed to these upward pricing changes. Overall the number of sales between $400,000 and $1M increased by 45% with 64 sales. The number of homes that sold in January between $500,000 and $750,000 made up just over a third of the 64 transactions. The number of home sales between $200,000 and $300,000 remained strong and consistent with last January at 56 transactions. Many of these would be multi-family sales which helps to absorb inventory in that sector of the market.

The Home Price Index (HPI) composite benchmark value declined by 4.1% in January to $293,300, its lowest point since February of 2012.

With the exception of a couple of months in the spring of last year, the HPI composite value has been in an overall decline since August of 2016 when the value was $317,600. “If inventory levels continue to decline due to absorption and fewer properties being listed, home prices should expect to see some increase later in the year.” predicts Yochim. The number of active listings in Saskatoon at the end of January was 1,529, the lowest level in the past three years for January and a 4% reduction from last year. This was aided by the increase in sales and a 14% decline in the number of new listings for January.

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Friday, January 26th, 2018

U of S Huskies Women’s Hockey VS UBC Thunderbirds

Rutherford Rink – 69 Campus Drive

Time: 7:00 pm

Price: Adults - $13.00, Youth - $7.00

Website: huskies.usask.ca

 

U of S Huskies Volleyball VS UBC Okanagan Heat

Physical Activity Complex – 87 Campus Drive

Time: Women – 6:00pm, Men – 8:00 pm

Price: Adult - $13.00, Youth - $7.00

Website: huskies.usask.ca

 

Saskatoon Blades VS Edmonton Oil Kings

SaskTel Centre – 101-3515 Thatcher Ave

Time: 7:05 pm

Price: $31.00-31.00

Website: www.saskatoonblades.com

 

Robbie Burns Night

German Cultural Centre – 160 Cartwright St E

Time: 6:00 pm – 1:00 am

Price: $18.00

Website: saskgerman.com

 

Saturday, January 27th, 2018

U of S Huskies Women’s Hockey VS UBC Thunderbirds

Rutherford Rink – 69 Campus Drive

Time: 7:00 pm

Price: Adults - $13.00, Youth - $7.00

Website: huskies.usask.ca

 

U of S Huskies Volleyball VS UBC Okanagan Heat

Physical Activity Complex – 87 Campus Drive

Time: Women – 6:00pm, Men – 8:00 pm

Price: Adult - $13.00, Youth - $7.00

Website: huskies.usask.ca

 

Saskatoon Blades VS Prince George Cougars

SaskTel Centre – 101-3515 Thatcher Ave

Time: 7:05 pm

Price: $31.00-31.00

Website: www.saskatoonblades.com

 

Gone Wild for Wildlife

German Cultural Centre – 160 Cartwright St E

Time: 10:00 am – 5:00 pm

Price: $5.00 per person, or $20.00 for Family

Website: www.wrsos.org

 

Sunday, January 28th, 2018

Madd Canada Information Session

Cosmo Civic Centre – 3130 Laurier Drive

Time: 2:00 pm

Price: Free

Website: madd.ca

 

Cross Country Snow Band

German Cultural Centre – 160 Cartwright St E

Time: 6:00 pm – 1:00 am

Price: $30.00

Website: saskgerman.com

 

Open House

61 Malcolm Place

Time: 1:30-3:00 pm

Realtor: Henry Moulin

 

Open House

#318-928 Heritage View

Time: 1:30 – 3:00pm

Realtor: Susan Hunchuk

Ongoing

January 26th – 28th, 2018

2018 Winter National Diving Championships

Shaw Centre – 122 Bowlt Crescent

Time: 9:00 am – 5:00 pm

Price: Free

Website: www.diving.ca

 

January 27th – February 4th, 2018

Nutrien Wintershines Festival

Saskatoon Farmers Market – 414 Ave B South

Price: Free

Website: nutrienwintershines.ca/

 

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Friday, November 17th, 2017

Saskatoon Blades VS Brandon Wheat Kings

SaskTel Centre – 101-3515 Thatcher Ave

Time: 7:05pm

Price: $19.00 - $31.00

Website: www.saskatoonblades.com

 

U of S Huskies Men’s Hockey VS Alberta Golden Bears

Rutherford Rink – 69 Campus Drive

Time: 7:00 pm

Price: Adult - $13.00, Youth - $7.00

Website: huskies.usask.ca

 

Saturday, November 18th, 2017

2nd Annual Christmas Craft & Gift Fair

Bishop Pocock School – 227 Avondale Road

Time: 10:00 am – 4:00 pm

Price: Free

 

Saskatoon Pet Expo 2017

Prairieland Park – 503 Ruth St W

Time: 9:00 am

Website: saskatoonpetexpo.ca/

 

Shopping for the Season Fundraiser

Saskatchewan Abilities Council – 2310 Louise Ave

Time: 10:00 am – 4:00 pm

Price: Free

Website: abilitiescouncil.sk.ca

 

SSO Tanya Tagaq

TCU Place – 35-22nd St E

Time: 7:30 pm

Price: $15.00 - $80.00

Website: saskatoonsymphony.org/event/tanya-tagaq/

 

U of S Huskies Men’s Hockey VS Alberta Golden Bears

Rutherford Rink – 69 Campus Drive

Time: 7:00 pm

Price: Adult - $13.00, Youth - $7.00

Website: huskies.usask.ca

 

Sunday, November 19th, 2017

27th Annual Saskatoon Santa Claus Parade

Downtown Saskatoon

Time: 1:00 pm

Website: saskatoonsantaparade.ca

 

Ongoing

November 18th – January 6th, 2018

BHP Billiton Enchanted Forest Holiday Light Tour

Forestry Farm Park & Zoo – 1903 Forest Drive

Time: 5:30 – 10:00 pm, Nightly

Price: $10.00 per person, or $33.00 per car (7 Passengers maximum)

Website: www.enchanted-forest.org

 

November 1st – January 7th, 2018

Eaton’s Once Upon a Christmas Exhibit

Western Development Museum – 2610 Lorne Ave

Time: 9:00 am – 5:00 pm

Website: wdm.ca

 

November 17th – 19th, 2017

Our Best to You Craft Sale

Prairieland Park – 503 Ruth St W

Price: $5.00 – Cash Only

Time: Friday – 10:00 am – 9:00 pm, Saturday – 10:00 am – 6:00 pm, Sunday – 10:00 am – 5:00 pm

Website: ourbesttoyou.ca/saskatoon

 

November 4th – December 2nd, 2017

Wearable Art 3

Saskatchewan Craft Council Gallery – 813 Broadway Ave

Price: Free

Website: https://saskcraftcouncil.org/affinity-gallery-exhibitions/current-exhibition/

 

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Friday, May 19th, 2017

Canadian Baton Twirling International Cup Qualifier

PAC University of Saskatchewan – 87 Campus Drive

Time: 9:00 am – 10:00 pm

Price: Free

Website: www.cbtf.ca/

 

Saturday, May 20th, 2017

Asian Basketball Association Summer Slam 2017

Walter Murray Collegiate – 1905 Preston Ave S

Time: 9:00 am – 7:00 pm

Price: Free

 

Fernanda Cunha

The Bassment – B3 202 4th Ave N

Time: 8:00 pm

Price: $27.00 - $37.00

Website: thebassment.ca/event/fernanda-cunha/

 

Sunday, May 21st, 2017

George Canyon

Dakota Dunes Casino – 204 Dakota Dunes Way

Time: 8:00 pm

Price: $40.00

Website: www.dakotadunescasino.com/

 

Monday, May 22nd, 2017

The Eisenhauers

Drift Sidewalk Café & Vista Lounge – 339 Ave A South

Time: 8:00 pm

Price: Donation

Website: https://www.driftcafe.ca/event-calender/2017/5/22/live-music-monday

 

Ongoing

May 18th – 28th, 2017

Dominion by Andrea Ledding

Studio 914 – 914 20th St W

Time: 8:00 pm

Price: Adults - $15.00, Senior & Student $13.00

Website: www.gtnt.ca/

 

May 16th – 27th, 2017

Featuring Artwork by Laurel Rossnagel and Dave Bauml

Collector’s Choice Art Gallery – 625D-1st Ave N

Time: Tuesday to Friday 9:30 am – 5:30 pm, Saturday 9:30 am – 5:00 pm

Price: Free

Website: www.collectorschoice.ca

 

 

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Positive Start to 2017 Home Sales

Home sales in January were cause for optimism for the year ahead with a 6% increase year over year. Home sales of 185 units last month represented the highest January total since 2014, the five-year average for January is 195. Another positive indicator is the number of homes available for sale. At the end of January, there was a combined total of 1,592 homes for sale in the Saskatoon market, representing the second lowest monthly total in almost two years. The lowest inventory level was December of 2016 with a total of 1,443 properties on the market. “An increase in sales in a typically quiet month is very encouraging” comments Jason Yochim, CEO of the Saskatoon Region Association of REALTORS® “especially in the wake of the tougher mortgage qualifications introduced last October.”

At current inventory levels, anticipating no increase in demand and no new properties listed for sale, it would take over eight months to liquidate the current inventory of properties. The five-year average for available inventory in the Saskatoon market is just under five months. The “sales to listing ratio” is an indicator of whether we are in a buyers or sellers’ market. It is determined by dividing the number of sales by the number of new listings for a period of time. When this ratio is at 50%, the market is considered balance. The last couple of years has favored buyers in the marketplace with an average sales to listing ratio of 40%. January typically has an uptake of listing activity and quieter sales activity which is reflected in a sales to listing ratio at 26%; the five-year average is 30%.

Homes priced below $400,000 saw a much-needed increase in activity compared to last January with 143 sales between $200,000 and $400,000, a 20% increase year over year. The average sale price for January of $341,800 represented a 4% decrease compared to last year. In 2016 a steady number of sales over $750,000 helped stabilize the average price in spite of a 5% decline in sales. This emphasizes that using an average to determine the true market picture is easily misleading. The median price for last month was $318,500 which was the lowest median price in almost five years. A more reliable indicator of the market is the MLS® Home Price Index® (HPI). It is considered to be the most accurate determinant of where a real estate market is trending. The HPI composite benchmark price has also been trending downward, although very slightly for several months. 

In January, on average it takes 54 days to sell a home in Saskatoon which is consistent with the five-year average of 51 days. This compares to 45 days which is the average of the past 5 years. “In any market, a home that is priced to current market conditions should sell in even less time, often within a week or two.” comments Yochim. “Buyers are well educated on the market and are not fooled by optimistic sellers. However, they are willing to pay market price for the right home in any market. For homes that are selling, the sale prices are being realized within 97% of the asking price.”

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Just moved into a new house and don’t think the color of the walls match your furniture? Or are you just tired of looking at the same color in your living room that you’ve had for the past year? Time to bust out those paint rollers and dress in your oldest clothes to get this job done. But maybe money is a little tight right now, as the holidays are literally just around the corner. So here are 6 ways to get those walls painted without breaking the already broke bank:

 

1. Check Local Recycling Centers

 

Most recycling and hazardous waste centers accept old and unused paint cans from residents and businesses. Everyone knows that paint has a very long shelf life, so it’s common to find paint at these centers. Best of all, it’s free

 

2. Illuminate the Walls

 

Make sure to have plenty of sunlight or bring out your own lamps to shine on the walls so that you don’t miss any spots on the walls. It is always the worst to finish the job, clean up everything, only to learn a week later that you missed a few spots.

 

3. Use a Primer

 

Everyone should know to always use a primer before starting. Ladies know before painting their nails that they need to apply a base coat before painting on the actual color to save the nail. The same applies for walls. The primer will help the paint adhere to untreated surfaces, such as raw wood or unfinished drywall. Also helps if you’re dealing with either stained or rough surfaces that could need more than one coat.

 

4. Buy the Expensive Brand

 

Cheaper isn’t always better when it applies to paint. Cheap paint won’t shine as bright, look as smooth, and could always require more coats to achieve a finished look, which will add up that cost. Most high-quality paints, many which already include a primer in the mixture, can go on in one coat. These can cost more per can, but the job is complete with less paint and less time.

 

5. Don’t Rush for Color

 

It’s a known fact that there are some people will pick the first color they see to save time, while others will agonize over it for hours. Never rush on this. You will have to look at this color for a while, so it is always good to take your time, even collect some samples and see which would look best. Rushing into a color could result in having to repaint everything after it’s all finished because the mustard yellow you picked out, doesn’t exactly go with Grandma’s couch.

 

6. Read Up on Finishes

 

It is always a must to know about the 4 kinds of finishes you can use. These 4 are:

-        Flat: This finish is perfect for interior walls and ceilings.

-        Eggshell: This finish is great for living rooms, bedrooms, as well as dining rooms as its easy to wash and touch up.

-        Satin: This finish is insanely easy to clean, which makes it perfect for any high traffic areas in the house.

-        Semi-Gloss/Gloss: This finish should be mainly used for the trim, cabinets, kitchens, and bathrooms as it gives great coverage and its highly washable.

 

Following these tips can definitely help you save time, money, and any headaches along the way so that you can get that beautiful living room you have always wanted. Or any room for that matter. 

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Ever wonder what buyers think about first when they decide they want to buy a new house, or what you should want, first and foremost when purchasing your own home? One surprising factor is that the answer actually depends on what generation the buyer is born from. For more details, keep reading.

 

Millennials (Born 1982-2000s)

 

Price, price, price. Most Millennials are mainly just looking for a bargain on their home, whether its their first home or third. They usually next look to make sure that the house is close to a few certain areas, like the University of Saskatchewan, shopping districts as well as the bus stops. If this is their first home, however, it is quite likely that they will compromise on size and age of the house before the price, which could also help them in the long run by building up equity through renovations.

 

Generation X (Born 1965-1981)

 

Size. Most Generation X's have started a family, or have a growing family, so square feet is what stands out the most for them. Main focal points of the house that Generation X's will be looking at will be where the entire family can gather with ample room, such as the kitchen, living room, dining room, as well as the backyard. Next, they will see how close the home will be to any Elementary or High Schools their children can get to within walking distance. Generation X's tend to stay in their homes for quite a number of years, so they always compromise on price.

 

Baby Boomers (Born 1946-1964)

 

Family, and relaxation. Baby Boomers tend to move from their large family homes when the house is empty, to smaller condo's, that are near their families, with any price point. It could also be of some relief for the family to have their parents near, and have the care that could be needed in case of an emergency.

 

No matter what age the buyer is, they will always start their search online, check to see where the local amenities are, see if they like the neighborhood as well as making sure that the house is in good condition. Always remember that pictures are always a very important aspect on helping to sell the home as well. 

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Henry Moulin

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