“We have past the critical stage of inventory in the larger markets so there is a swing to a more sellers’ market,” says Madder, adding that more supply is consistently coming onto its primary markets.
“Our low tax and property rates make investing here much more attractive to invest in compared to other regions,” says Jason Yochim from Saskatoon Region Association of Realtors. “Prices have adjusted in this area in the last number of months so we are seeing a lot more sales activity, especially in the condo market and townhouses.”
With more direct flights to the area, Yochim says this ease of access and high wages is helping employers attract the short-term workers.
Talk of natural resources naturally triggers investor interest in specific regions, especially in areas that have limited supply and critically low vacancy rate. Weyburn, Estevan and Lloydminster for this reason, tend to be to the forefront of landlords who follow the oil and gas goldmines.
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Investment Hot Spots:
Chelmsford, Red Deer, Old Barns, Saint-Marcellin, Maxwell