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 […]
A year to date decline of three per cent in house sales in Regina, according to the Saskatchewan Realtors Association numbers. The decline was led by pullbacks in the detached home sector, with sales improving in every other category. Both new listings and inventory experienced some pullback, the Realtors Association reported, but the benchmark price […]
With the federal government trying to pump the brakes on inflation through interest rate hikes, housing sales remain pretty strong in Saskatchewan. “As expected, gains in lending rates are having some cooling impacts on the housing market causing consumers to seek out more affordable options.” according to Chris Guérette, CEO of Saskatchewan Realtors Association. […]
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, […]
The Saskatchewan REALTORS Association is suspending all open houses organized the SRA until 2021 because of the recent uptick in COVID-19 cases. In a news release the SRA says it takes the safety of Saskatchewan people seriously, and that they continue to take the lead to minimize the risk of transmission with the goal of […]
As Saskatchewan’s economy begins to open back up, the province’s housing market is rebounding. During the midst of the pandemic in April, housing sales were down 50 percent compared to April 2019. The market rebounded in May, only seeing a 14 percent decline in sales. While sales are still lower than last year, Jason Yochim, […]
The Saskatchewan Realtors Association suggests the time is now for people who are thinking of buying a home in the province. The organization says a slow start for the market in 2020 points to a buyer’s market, especially in Regina and the surrounding area. CEO Jason Yochim said inventory levels are some of the lowest […]
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 […]
