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Province to sell 300 low-rent homes in Regina, Moose Jaw and Prince Albert
One of 300 low-rent homes the Saskatchewan government plans to sell is seen in this photo taken Tuesday.
Published Tuesday, November 13, 2012 2:22PM CST
The provincial government says it will be careful not to disrupt the housing market as it sells 300 low-rent homes in Regina, Moose Jaw and Prince Albert.
The single-family homes are being sold to raise money for construction of new low-rent condominiums.
The government says the houses will be sold at fair market value. The first four houses will be listed with real estate agents within the next few days.
The province has committed $344 million to create more than 12,600 new housing units across Saskatchewan by 2016.