Lacy Watson Real Estate - Saskatoon REALTOR®

Saskatchewan shifting towards more balanced conditions.

Posted on May 04, 2023

Saskatchewan reported 1,216 sales in April, down 21 percent year-over-year and slightly below long-term, 10-year averages. Aligning with seasonal trends, sales and new listings trended up above levels seen earlier this year. Although inventory levels experienced a 4 percent year-over-year decline and remain over 30 percent below 10-year trends, the...

SASKATCHEWAN REMAINS RESILIENT AS INVENTORY CHALLENGES CONTINUE

Posted on Apr 10, 2023

There were 1,213 sales recorded across the province in March, a 20 per cent year-over-year decline. Despite year-over-year sales declines, this level of sales is still stronger than pre-pandemic levels and nearly 10 per cent above long-term, 10-year trends.New listings decreased by over 17 per cent on a year-over-year basis and remain significantly...

Saskatchewan faring better than other markets despite inventory challenges.

Posted on Mar 03, 2023

There were 854 sales recorded across the province in February, a year-over-year decline of 19 per cent. However, while sales are down year-over-year, sales activity remains stronger than pre-pandemic levels and above long-term, 10-year averages. As seen in prior months, Saskatchewan continues to report new listings and inventory levels significantl...

SASKATCHEWAN REMAINS RESILIENT, SUPPLY LEVELS A MAJOR CONCERN

Posted on Feb 07, 2023

Pullbacks in both the attached and detached sectors resulted in 631 sales being recorded across the province in January, a year-over-year decline of nearly 16 per cent. While January sales are lower than the activity reported over the past two years, sales remain consistent with pre-pandemic levels.Despite gains in new listings, January inventory l...

Inventory levels remain over 25 per cent below 10 year average.

Posted on Dec 07, 2022

There were 924 sales recorded across the province in November, a 32 per cent decline over last year’s record high. While sales continue to slow when compared to 2021, a record year, year-to-date activity remains over 16 per cent above long-term trends in the province.The ongoing pullback in new listings continues to be driven largely by homes price...

Inventory levels 25% below 10 year average.

Posted on Nov 06, 2022

There were 1,144 units sold across the province in October, a year-over-year decline of 12.3 per cent. While sales continue to ease relative to 2021, a record year, October sales data reflects a year-over-year increase of 1.7 per cent when compared with 10-year averages.The pullback in sales was met with a reduction in new listings, resulting in lo...