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Lack of existing houses main reason homeowners built or brought construction in Moose Jaw: survey

Published on May 26, 2008
Published on July 10, 2009
Staff ~ The Moose Jaw Times Herald  RSS Feed
Topics :
Moose Jaw

A lack of existing houses on the market was the main reason homeowners built or bought new constructions in Moose Jaw from 2003-2007, according to a recent city survey.
In late 2007/early 2008, the city clerk office, which handles local land administration, undertook a survey of 178 homeowners who had bought or built new homes between the years of 2003 to 2007.
In total, 99 responded to the survey.
During Monday's executive committee meeting at city hall, Steven Schiefner, city clerk, told councillors one of the more interesting aspects to the survey was, although people often say the motivation for building/buying a new home locally is due to low interest rates, the survey showed the most newcomers (29.5 per cent of respondents) built due to a lack of suitable housing inventory.
Only about eight per cent listed low interest rates as the reason they bought or built new.

Read more in Tuesday's Times-Herald.

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