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Advertisement This advertisement has actually not packed yet, however your article continues below. Article content I confess to being a little impressed that now, numerous months into the COVID market, it's still hopping. The length of time will this property bump last? COVID-19 fears, of course, are driving a few of it. Individuals have actually seen the need for places of their own to work, study and hunker down like never ever previously.

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You can get a five-year home mortgage for under 2 percent. For  Also Found Here  who have actually been waiting to buy, I make sure they're believing now is the time. COVID, by the method, will not end. We will fight it with different levels of success, primarily with vaccines and by remaining apart for as long as it requires to beat back the pandemic part of it.

We will need to remain watchful, I'm sorry to state. However, ultimately it will belong to life like the flu, and life will end up being more normal. And rates of interest will increase, although I believe it will be a while yet, evaluating by the forecasts. Those interested in purchasing houses will do so, and the swimming pool of buyers will end up being smaller sized until it fills up once again.

When precisely that is, I leave to you to decide. Joanne Paulson is a Saskatoon author and freelance reporter who has actually been covering property, off and on, for more than 25 years. Do you have an interesting realty story to share? Contact us at [email protected] net. The news appears to be flying at us faster all the time.

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Paulson: Saskatoon housing market brings back memories of a hot 2007 - The  Star Phoenix

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