Saskatoon Mortgage Broker shares article on oversupply driving down Saskatoon house prices

Oversupply drives down Saskatoon house prices

By: Jonathan Charlton, The StarPhoenix, July 10, 2015

An oversupply of housing is having a “severe impact” on Saskatoon developers big and small, says Ruben Beattie, business manager with Equinox Home Innovations.

Developers such as Equinox now aren’t building as many units because they’re sitting on unused inventory, Beattie said. That means buyers “have all the leverage in the world.”

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