Saskatoon reports good year for affordability drive

Saskatoon reports good year for affordability drive

Saskatoon reports good year for affordability drive City officials in Saskatoon have reported another good year for driving affordability of housing but acknowledge there is still a lot more to do. Director of Planning and Development Alan Wallace commented: "Adequate housing is an important part of the city's strategic plan adding to the quality of life for all residents." There was a target for 480 new affordable units last year but the final total was 542; purpose built rental units, affordable rental, entry-level ownership and secondary suites all beat their targets. However there were only 40 affordable ownership units against a target of 100. Low and middle-income families are struggling most with affordability in Saskatoon with average home prices of $350,000 and rent for a two-bedroom apartment at around $1000. 
 
1 Comments
  • James S. 2015-04-11 5:20:41 PM
    Rent for a 2 bedroom in horrible areas $1000 possibly. In a more desirable area a 2 bedroom is 1200-1400 per month. Also, be prepared to sign a 12 month lease for that rate.
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