COVID-19 taking a hit on Regina real estate

Regina’s housing market has no doubt taken a hit during the COVID-19 pandemic.
Royal LePage suggests the aggregate price of a home in the region will fall by 2 per cent year-over-year to over 308 thousand dollars.
But if the pandemic goes until the end of summer, Reginans could see the aggregate home price fall by 4 per cent to just over 296 thousand dollars.
Despite all of this, Mike Duggleby with Royal LePage Regina says they are still selling and showing a few houses.
“We’ve adopted some protocols to make sure that we’re staying safe and keeping our clients safe,” said Duggleby. “If we’re going into someone’s home we try to make sure that we’ve taken measures to wear gloves, to have wipes, to make sure that if we touch anything, that it gets wiped down before we leave.”
Other measures realtors are taking at this time include signed documents between buyers and sellers that they have followed COVID-19 screening and physical distancing protocols during the pandemic.

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