Saskatoon is under going a similar boom that Calgary has experienced over the last decade or so. Our market for houses is sky rocketing, the average price was somewhere around 175ish about a year or so ago, we are up to 250 now and projected 350 by next year. Bidding wars over the crappiest little houses, going in under 24 hours, going before they even hit the market. It is nuts, and sucks because I am just getting into a position to buy a house. Luckily I have a Dad with 2 houses in one of the nicest areas of the city, so I am bound to get one of those 2, but for the here and now I will be stuck in a Condo (which is also over priced) or a crap box.
The problem with SK is that the wages are not riseing as fast as the living costs. This is something that needs to be changed very soon. All of these ex Albertans coming over and buying houses with cash sure has screwed up the market
