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The pace of house sales continues to slow in Saskatchewan. According to the Saskatchewan Realtors Association, there were 854 sales across the province in the month of February. That’s down 19 percent compared to February of last year. “We continue to see higher lending rates and supply challenges contribute to a pullback in sales,” said […]
Real estate in Saskatchewan continues to boom during the pandemic, setting yet another sales record in March. The Saskatchewan Realtors Association (SRA) says home sales in March were up 85 percent from last year, while inventories were down. Economic Analyst Chris Gbekorbu says having low inventory is actually helping the market. “We’ve got lower inventory, […]
Despite the COVID-19 pandemic, home sales in Regina are booming. Sales were up 75.5 percent year-over-year in January, going from 110 to 193. Regina Realtor Brin Werrett says they usually see an uptick in sales towards the spring, but this year has been particularly busy already. “This year kind of took us by surprise, we’ve […]
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 […]
It’s still a buyers market in Regina. A house price survey from Royal LePage Regina Realty shows the aggregate home price for properties in the Queen City dropped 2.8 per cent in the fourth quarter of 2019. That sets the average home price year-over-year at around $315,000. The report indicates the average price of a […]
December doesn’t seem like a month when the housing market would see a bit of a boost. But statistics from the Saskatchewan Realtors Association show that Regina saw significant increases in sales during the last month of 2019. Numbers rebounded when compared to 2018 including a near 40 per cent increase in sales. The average house price also […]
A report released on the Regina housing market shows activity is trending down when analyzing both numbers from last month and long-term averages. While the amount of homes for sale has gone up by nearly 5 per cent in 2019 compared to 2018, there aren’t as many homes that are being sold like last summer. […]