Market Updates

Record high sales in 2021 for Saskatchewan. 

Posted on Jan 07, 2022

Saskatchewan set a housing sales record with 17,387 sales in 2021, a new high which surpassed the previous record in 2007 by 17 per cent. While the pandemic has triggered vast disruptions and challenges for some sectors of the economy, housing boomed.

“Improved savings from those not financially impacted by COVID-19, combined with low lending rates...

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November sales soar as buyers look to get in ahead of potential rate gains.

Posted on Dec 03, 2021

Following a trend of higher sales in 2021 and a slightly slower market pace for the past few months, November recorded sales of 1,361, a new record high for November and over 50 per cent more than long-term averages. The growth in sales were mostly driven by gains in detached, attached and acreage properties. Overall, the province is on track to re...

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October sales remain strong as buyers look to take advantage of low lending rates

Posted on Nov 04, 2021

Residential sales activity eased slightly over last year’s record highs. However, with 1,306 sales this month, levels are over 18 percent higher than long-term averages. “Despite challenges with the pandemic, housing demand in the province has remained exceptionally strong as many purchasers are looking to take advantage of the very low lending rat...

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Sales Ease as Supply Levels Remain Relatively Low.

Posted on Oct 06, 2021

Sales activity slowed relative to last year’s record highs but remained well above long-term trends. At the same time, the province also saw a pullback in the number of new listings in the market causing some easing in inventory levels. With adjustments in both sales and supply levels, conditions remained relatively unchanged as the sales to new li...

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PACE OF PRICE GROWTH SLOWS WITH A SHIFT TO MORE BALANCED CONDITIONS

Posted on Aug 09, 2021


Following exceptionally strong sales over the last three months, July sales in the province trended down to 1,528 units. Last July sales hit a new record high for the month, so while sales did record a year-over-year decline of 15 per cent, levels are still well above typical levels seen in July. Nonetheless, year-to-date sales are at record high l...

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Saskatchewan real estate market is steady and strong.

Posted on Jul 07, 2021

The Saskatchewan real estate market remains strong. Across the province, there were 1,914 homes sold (up over almost 12% from last June and up 65.7% year-to-date, going from 5,690 to 9,427), new listings were down 2.6% (but up 20.0% year-to-date, going from 2,174 to 2,608) and the MLS® Home Price Index (HPI) composite was up 9.8% (up 8.9% year-to-d...

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