Market Updates

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...

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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...

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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...

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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...

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Sales returning to normal, inventory levels remain a challenge.

Posted on Oct 05, 2022

Sales activity continued to trend down in September with 1,267 units sold, a year-over-year decline of seven per cent. However, as seen in August, sales levels remain consistent with long-term trends as the market returns to more balanced conditions.New listings were relatively stable on a year-over-year basis but continue to decrease when compared...

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Easing sales helping shift market towards more balanced conditions. 

Posted on Aug 11, 2022

July sales eased to 1,439 units reflecting a year-over-year decline of nine per cent contributing to the year-to-date decline of nearly 10 per cent. While sales have eased, last year was a record year, and with year-to-date sales just shy of 10,000 units, levels are still well above long term averages for the province.New listings trended down from...

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