Morguard Corporation forecasts steady economic gains for Saskatoon following a positive growth trend over the past two years. In its 2019 Canadian Economic Outlook and Market Fundamentals Report, the company says the outlook is largely positive across all real estate asset classes. Research Director Keith Reading says, “Saskatoon’s economy shows signs it has turned a corner to the positive, which bodes well for the region’s 2019 prospects.” He says our economic growth over the past two years signals an end to the commodities-driven slump. According to Reading, “Despite the upward vacancy trend, which hit a high of 4.0 per cent in 2018 and a rental rate levelling, Saskatoon’s retail leasing market continues to gain ground.”
Positive Economic Forecast for Saskatoon
By Steve Chisholm
Nov 22, 2018 | 10:06 AM
Saskatoon Weather
Studio/Text Line
306-938-0600
Toll Free Line
800-667-3727
Have Your Say
Do you consider the rising population in Saskatchewan and in Canada a good thing or a bad thing?
good
bad
Voting Ends: Mar 28, 2024 | 10:00 AM