March 2022

Found 2 blog entries for March 2022.

 

Many people celebrate International Women’s Day on March 8th. We were curious about Women and Real Estate, here is what our research says.

Legislation was not discussed regarding women and property rights - more specifically during marriage - unless inherited, earned outside the home, or formally held in joint title. According to the Encyclopedia of Saskatchewan’s Beth Wilson, “In 1978, a Supreme Court of Canada decision denied Helen Rathwell of Tompkins, Saskatchewan, her claim to a share of half of the farm that she and her husband had worked on during their twenty-four-year marriage. The criticism generated by this case, along with others like Irene Murdoch's claim (Alberta), decided by the Supreme Court of Canada in 1975, and triggered a

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While Sales in Saskatchewan declined 8% compared to last year’s numbers, it is important to remember that the housing demand proves to be resilient. Levels are 22% higher than what we were used to seeing at the start of the year and nearly 40% higher than the average levels recorded throughout the 2015-2020 time frame.

With Sales dropping, so have New Listings, by almost 7% compared to last year and 14.6% since the beginning of 2022. This could be attributed to the significant 11.1% drop in inventory along with the 10-year average spread dropping an astonishing 25.3%. Chris Guérette, Saskatchewan REALTORS® Association’s CEO states, “Last month, we started to raise an alarm bell about inventory levels in Saskatchewan,’... ‘Now that we’re two months

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