Lacy Watson Real Estate - Saskatoon REALTOR® - Market Updates

RECORD SALES IN AUGUST, TIGHTEST MARKET CONDITIONS HEADING INTO SEPTEMBER SINCE 2007

Posted on Sep 06, 2023

Saskatchewan reported a record-high 1,631 sales in August, a year-over-year increase of 11 per cent and nearly 25 per cent above long-term, 10-year averages.Strong August sales were met with a pullback in new listings, contributing to a decrease in inventory levels for the month. As seen in prior months, the inventory decline was largely driven by...

STRONG SALES CONTINUE IN JULY DESPITE PERSISTENT INVENTORY CHALLENGES

Posted on Aug 14, 2023

Saskatchewan reported 1,560 sales in July, a year-over-year increase of 9 per cent and nearly 13 per cent above long-term, 10-year averages. Much of the increase was driven by property priced below $300,000, as the more affordable segment of the market remains highly competitive.As seen in prior months, inventory levels remain a significant challen...

SASKATCHEWAN REPORTS STRONG JUNE SALES AS INVENTORY CHALLENGES CONTINUE

Posted on Jul 06, 2023

There were 1,691 sales reported across the province in June, a year-over-year decline of six per cent. While year-over-year sales were down, Saskatchewan again reported sales levels well above long-term, 10-year historical averages. As seen in prior months, inventory levels remain a significant challenge in certain regions of the province. Despite...

MAY SALES ABOVE LONG-TERM TRENDS DESPITE PERSISTENT INVENTORY CHALLENGES

Posted on Jun 06, 2023

There were 1,736 sales recorded across the province in May, resulting in a four per cent year-over-year decline. However, despite the year-over-year decline, sales levels were 20 per cent above long-term, 10-year averages.Stronger sales in May were possible due to recent monthly gains in new listings. While the seasonal boost in new listings also c...

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...

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