Strong evidence of 'problematic conditions' in Saskatoon housing market: CMHC

Saskatoon’s housing market continues to display evidence of overbuilding, overheating and price acceleration leading to “sustained downward pressure” on home prices, according to a new report from Canada’s mortgage insurer.
That means there is “strong evidence of problematic conditions” in Saskatoon, the Canada Mortgage and Housing Corp. (CMHC) said in its latest housing market report.
The city, which last month had a record-high number of real estate listings