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Market Watch >> December 2022

January 5th, 2023|Comments Off on Market Watch >> December 2022

SASKATCHEWAN CONTINUES TO FARE BETTER THAN MANY REGIONS ACROSS THE COUNTRY January 4, 2023 For immediate release: Record sales of apartment condominiums were not enough to offset declining sales in detached homes, resulting in [...]

November 2022 Market Stats

December 6th, 2022|

INVENTORY LEVELS REMAIN OVER 25 PER CENT BELOW 10-YEAR AVERAGE December 6, 2022 For immediate release: 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 [...]

October 2022 Market Stats

November 4th, 2022|

INVENTORY LEVELS 25 PER CENT BELOW 10-YEAR AVERAGE November 3, 2022 For immediate release: 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 [...]

September 2022 Market Stats

October 5th, 2022|

SALES RETURNING TO NORMAL, INVENTORY LEVELS REMAIN A CHALLENGE October 4, 2022 For immediate release: 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 [...]

August 2022 Market Stats

September 6th, 2022|

SUPPLY LEVELS AT LOWEST LEVELS RECORDED IN AUGUST IN NEARLY A DECADE September 06, 2022 For immediate release: August sales reached 1,466 units, reflecting a year-over-year decline of three percent. While sales continue to ease relative to last year, year-to-date sales of over 11,000 units remain well above long-term averages for the province. As supply levels in the lower [...]

July 2022 Market Stats

August 4th, 2022|

“As expected, gains in lending rates are having some cooling impacts on the housing market causing consumers to seek out more affordable options.  The challenge will be product availability in the lower price ranges of the market. Supply levels are improving compared to earlier in the year, however, the year-over-year decline in inventory has been driven by homes priced below $400,000,” comments Chris Guérette, CEO of Saskatchewan REALTORS® Association.

June 2022 Market Stats

July 6th, 2022|

You will notice a change in the benchmark home price this month. Benchmark home prices reflect a typical home to ensure price movements better reflect market activity. Over time the typical home evolves and the MLS® Home Price Index also evolves to ensure the data remains in line with modern housing trends. As of June 1, the benchmark price [...]