Saskatoon's housing inventory lowest in 10 years
The number of homes for sale in Saskatoon has dropped to its lowest level in over a decade, according to the Saskatchewan Realtors Association (SRA).
SRA said that sales activity in the city has seen a 15 per cent year-to-date decline.
“Much of the decline in sales continues to be driven by a pullback in detached sales,” the SRA said in its monthly update on sales trends.
However, sale levels still remain higher than pre-pandemic and 10-year averages.
The benchmark price in Saskatoon for November was $367,800, which is about three per cent higher than last year, according to the SRA.
Provincially, housing sales have dropped by 32 per cent over last year’s record high, the SRA said.
“Higher lending rates and inflationary pressures are impacting housing demand across the country,” SRA CEO Chris Guérette said in the update..
“That said, our market remains resilient, and the biggest concern is a lack of supply in homes priced below $500,000. It’s increasingly clear that the lack of supply is in the more affordable segment of our continuum.”
Guérette said there are signs that the provincial real estate market could fare better than many markets across Canada.
CTVNews.ca Top Stories
Powerful earthquake rocks Turkiye and Syria, kills more than 1,300
A powerful 7.8 magnitude earthquake rocked wide swaths of Turkiye and Syria early Monday, toppling hundreds of buildings and killing more than 1,300 people. Hundreds were still believed to be trapped under rubble, and the toll was expected to rise as rescue workers searched mounds of wreckage in cities and towns across the area.
Attracting, retaining pilots an ongoing issue in Canada: industry analysts
Retirements, high training costs and poor pay are fuelling a pilot shortage in Canada, industry analysts say, at a time when travel has surged in the wake of the COVID-19 pandemic.
Canadian dollar's outlook for 2023 uncertain as interest rate hikes wane: experts
Experts say the outlook for the loonie in 2023 largely depends on commodity prices, how the U.S. dollar fares, and whether central banks are successful in avoiding a major recession.
Strongest earthquake to hit Buffalo in decades causes rumbles in southern Ontario
A 4.2-magnitude earthquake that struck near Buffalo, N.Y. Monday morning was felt in southern Ontario, officials say.
China accuses U.S. of indiscriminate use of force over balloon
China on Monday accused the United States of indiscriminate use of force in shooting down a suspected Chinese spy balloon, saying it 'seriously impacted and damaged both sides' efforts and progress in stabilizing Sino-U.S. relations.'
BoC's first summary of deliberations coming this week. Here's what to expect
The Bank of Canada is set to publish its first summary of deliberations Wednesday, giving Canadians a peak into the governing council's reasoning behind its decision to raise interest rates last month.
Beyonce becomes most decorated artist in Grammys history; Harry Styles wins album of the year
Beyonce sits alone atop the Grammy throne as the ceremony's most decorated artist in history, but at the end of Sunday's show it was Harry Styles who walked away with the album of the year honour.
Charles Kimbrough, best known for role in 'Murphy Brown,' dies at 86
Charles Kimbrough, a Tony- and Emmy-nominated actor who played a straight-laced news anchor opposite Candice Bergen on 'Murphy Brown,' died Jan. 11 in Culver City, California. He was 86.
Advocates come together to help sailors stuck for months on tugboats in Quebec port
Groups that advocate for seafarers are expressing concern for 11 sailors who are spending a harsh Quebec winter aboard three tugboats that have been detained for months in the port of Trois-Rivières.
Regina
-
'Need some flexibility': Sask. premier in Ottawa for health meetings
Saskatchewan Premier Scott Moe flew to Ottawa on Sunday ahead of the first ministers meeting regarding healthcare funding scheduled for this week.
-
Regina's Kelly Knapp wins SaskTel Tankard
Regina’s Kelly Knapp defeated Swift Current’s Steve Laycock 5-4 in the final of the SaskTel Tankard in Estevan, Sask. on Sunday and will represent Saskatchewan at the Tim Hortons Brier in London, Ont. from March 3 to 12.
-
Sask. man dead following snowmobile collision
A person is dead following a snowmobile collision near Candle Lake early Sunday morning.
Winnipeg
-
‘Those are memories you retain for a long, long time’: Main and Matheson Salisbury House up for sale
An iconic remnant of a beloved Manitoba restaurant chain is now on the market.
-
'Come home to mama': Family seek help in finding missing 14-year-old girl
The family of a 14-year-old girl missing for the last two weeks in Winnipeg is putting out a desperate plea for information.
-
Bonnie Raitt wins Grammy for cover of Manitoba band's song
American singer Bonnie Raitt took home three Grammy Awards this weekend, including one for a cover she did of a Manitoba band’s song.
Calgary
-
'Absolute nightmare': Calgarians call attention to the children unable to leave Ukraine
A group of Calgarians gathered along Memorial Drive Sunday to draw attention to what they call "disgusting" treatment of Ukrainian children.
-
Powerful earthquake rocks Turkiye and Syria, kills more than 1,300
A powerful 7.8 magnitude earthquake rocked wide swaths of Turkiye and Syria early Monday, toppling hundreds of buildings and killing more than 1,300 people. Hundreds were still believed to be trapped under rubble, and the toll was expected to rise as rescue workers searched mounds of wreckage in cities and towns across the area.
-
WEATHER
WEATHER | Another warm spell hits Calgary
If you're driving through Balzac today, give Billy the nod.
Edmonton
-
Family of man slain in northeast Edmonton searching for answers
An Edmonton family is in mourning after the sudden death of their son and brother in the city's northeast.
-
New study highlights increasing prevalence of muscle dysmorphia among Canadian boys, young men
Canadian researchers are drawing attention to the increasing prevalence of 'a pathological pursuit of muscularity' among Canadian boys and young men, with a new study that found one in four were at risk of developing what's known as muscle dysmorphia.
-
Masking alone wouldn't have eased respiratory virus surge in the fall: PHO document
Introducing a mask mandate when respiratory viruses surged in the fall may not have eased the crush on pediatric hospitals, a Public Health Ontario science brief obtained by The Canadian Press concludes.
Toronto
-
Strongest earthquake to hit Buffalo in decades causes rumbles in southern Ontario
A 4.2-magnitude earthquake that struck near Buffalo, N.Y. Monday morning was felt in southern Ontario, officials say.
-
Masking alone wouldn't have eased respiratory virus surge in the fall: PHO document
Introducing a mask mandate when respiratory viruses surged in the fall may not have eased the crush on pediatric hospitals, a Public Health Ontario science brief obtained by The Canadian Press concludes.
-
Three people rescued after falling through ice near Toronto Islands
Three people are now in the care of paramedics after a skating mishap on Lake Ontario Monday morning.
Ottawa
-
Powerful earthquake rocks Turkiye and Syria, kills more than 1,300
A powerful 7.8 magnitude earthquake rocked wide swaths of Turkiye and Syria early Monday, toppling hundreds of buildings and killing more than 1,300 people. Hundreds were still believed to be trapped under rubble, and the toll was expected to rise as rescue workers searched mounds of wreckage in cities and towns across the area.
-
Eastern Ontario town council to debate mandatory oath to King Charles
The debate on elected officials pledging allegiance to King Charles III will shift to a small town south of Ottawa this week, as Prescott town council discusses a motion on whether to abolish the requirement for newly elected members.
-
Here's how you can have your say on the 2023 city of Ottawa budget
Councillors will be hosting draft budget consultation sessions between Feb. 6 and 20, while each city committee will hear from the public before approving the budgets.
Vancouver
-
‘It's my only wish’: Grieving Surrey mother still waiting for justice in daughter's slaying
Two years after a young woman in Surrey was gunned down, her family says they still waiting for justice.
-
B.C.'s economy, health care and housing to be the focus of throne speech: Eby
British Columbia's economy will be a key focus for politicians as they return to the legislature for the spring sitting.
-
'I want to bring Blockbuster back': B.C. teen creates free movie lending library
Tucked away on a residential street in Langley, there's a blue cabinet filled with VHS tapes and DVDs bearing the once-familiar logo of Blockbuster video.
Montreal
-
Arson squad investigating building fire in Pierrefonds early Monday morning
A commercial establishment in northwest Montreal was the target of an apparent arson attack early Monday morning. The damage caused by the fire was not significant, and there were no injuries, according to the Montreal Police Department (SPVM).
-
Hydro-Quebec executive vice-president Eric Filion goes to Bombardier
Hydro-Quebec's executive vice-president and chief operating officer, Eric Filion, is joining his former boss at Bombardier. Bombardier president and CEO Éric Martel, who formerly headed Hydro-Québec, announced Monday that Filion will join his management team.
-
Black-owned restaurateurs in Montreal making space in the culinary scene
More and more Black-owned restaurants and culinary experiences have begun to dot the landscape of the city's culinary scene, but more is needed to help their communities' gastronomic enterprises thrive.
Vancouver Island
-
B.C.'s economy, health care and housing to be the focus of throne speech: Eby
British Columbia's economy will be a key focus for politicians as they return to the legislature for the spring sitting.
-
5-month suspension for Victoria nurse who 'falsified a medical record'
A Victoria nurse has been suspended for five months for failing to adequately assess a patient and then falsifying a medical record regarding the assessment.
-
VicPD warns of road closures during B.C. throne speech
Several streets around the B.C. legislature building in downtown Victoria will be closed on Monday during the annual throne speech.
Atlantic
-
Several Maritime schools closed after frigid weekend, hundreds without power in N.S.
Hundreds of Nova Scotians are without power Monday morning following frigid temperatures and high winds over the weekend.
-
Storm Watch: School closures and cancellations
Here is a list of school closures and cancellations for Monday, Feb. 6, 2023.
-
Cape Breton University, striking faculty reach tentative agreement
Striking faculty members at Cape Breton University have reached a tentative agreement with the university.
Northern Ontario
-
Strongest earthquake to hit Buffalo in decades causes rumbles in southern Ontario
A 4.2-magnitude earthquake that struck near Buffalo, N.Y. Monday morning was felt in southern Ontario, officials say.
-
Two arrested in Kapuskasing police investigation, schools closed
Schools in the northern Ontario town of Kapuskasing are closed Monday after Ontario Provincial Police responded to a threat resulting in two arrests.
-
New study highlights increasing prevalence of muscle dysmorphia among Canadian boys, young men
Canadian researchers are drawing attention to the increasing prevalence of 'a pathological pursuit of muscularity' among Canadian boys and young men, with a new study that found one in four were at risk of developing what's known as muscle dysmorphia.
London
-
London police seize drugs, ammunition from scene of fire
A 29-year-old is facing charges after police found drugs and ammunition at the scene of a Trafalgar Street residential fire.
-
Powerful earthquake rocks Turkiye and Syria, kills more than 1,300
A powerful 7.8 magnitude earthquake rocked wide swaths of Turkiye and Syria early Monday, toppling hundreds of buildings and killing more than 1,300 people. Hundreds were still believed to be trapped under rubble, and the toll was expected to rise as rescue workers searched mounds of wreckage in cities and towns across the area.
-
Cause of East London residential fire under investigation
London fire crews are investigating the cause of a blaze that forced multiple east end residents out of their homes Sunday.