Continue to Rent or Buy??
Saskatoon's Apartment Rental Market Vacancy rate is now at 2.7%, compared to 2.6% 1 yr ago. The average 2 bdrm rental will cost $1041 per mth, up 4% over last year from $1002 per mth.
That is the same monthly cost as a Mortgage payment on a $215,000 mortgage financed over 25 years @ 3.25%