Excerpt from Newspaper Article dated Oct 6, 2007
House prices up 30 per cent
Housing prices have jumped 32 per cent over last year’s comparable values.
The increase in housing prices follows a steady annual increase since the late 1990s.
The price increase is not driven by a shortage of homes on the market.
“We have a good number of listings in all price ranges,” Rayner said.
“A lot of people from small towns are moving into here for various reasons: to be close to health care, the shopping.”
“They have money to spend. They have just sold their high-priced homes and have lots of cash.”
Different measures show the city is in a housing price boom.
The spread between asking price and selling price has narrowed and so has the time between listing and selling.
“It’s not taking as long as it used to sell a home.”
Where is this wonderful place whose housing market is booming??
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Moosejaw, Saskatchewan, Canada
Hurry up and buy now...they're not making anymore land in Saskatchewan.
http://www.mjtimes.sk.ca/index.cfm?sid=68566&sc=3
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