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Market Statistics


  STRONG DETACHED SALES LEAD THE SEVENTH CONSECUTIVE MONTH OF ABOVE-AVERAGE SALES IN SASKATCHEWAN FEBRUARY 6, 2024 FOR IMMEDIATE RELEASE: Saskatchewan reported 776 sales in January, a year-over-year gain of 24 per cent and nearly 18 per cent above long-term, 10-year averages. The seventh consecutive month of above-average sales in the province was primarily driven by strong detached home sales in January. Strong monthly sales were met with declining new listings, resulting in 4,562 available units in inventory in January, the lowest level reported in January since 2010. Inventory levels declined by 18 per cent year-over-year and remain over 36 per cent below long-term, 10-year trends. As seen in prior months, much of the inventory decline was driven by homes priced below $400,000, a segment of the market that remains extremely competitive. Alternatively, properties priced above $600,000 experienced inventory relief in January, though more was needed [...]


We are seeking a Marketing Coordinator to join our team and play a pivotal role in advancing the success of our Association. Reporting to the Director of Public Affairs and Communications, the Marketing Coordinator will contribute to strategy execution, campaign design, analytics review, and overall brand consistency.   Organization  Our Association leads and supports over 1,650 REALTORS® in Saskatchewan through technology, education, and advocacy. We are the expert voice invested in bringing insight to public policy makers related to growth, housing, real estate, and wealth creation in our communities. Our collaborative and innovative team is committed to achieving tangible results, positioning us as the influential leader and trusted resource for real estate in our province.  Primary Responsibilities Design:  Maintain a consistent and visually appealing brand image across all platforms.  Create engaging marketing materials using Canva.  Design digital and print collateral, including banners, social media graphics, swag and more.  Collaborate with the Communications Specialist [...]


  SASKATCHEWAN CLOSES 2023 WITH SIXTH CONSECUTIVE MONTH OF ABOVE-AVERAGE SALES January 4, 2024 For immediate release: Saskatchewan is reporting above-average sales for the sixth consecutive month, with 757 sales across the province in December, a year-over-year gain of 19 per cent and 13 per cent above long-term, 10-year averages. Year-over-year sales gains in the second half of 2023 failed to offset earlier pullbacks, as the province is reporting a 3 per cent sales decline compared to 2022. While the year-to-date sales decrease was forecasted as the market returns to pre-pandemic sales levels, much of the decline was driven by slowing detached activity. Meanwhile, apartment and semi-detached sales levels improved and continue to contribute to strong monthly sales. Above-average sales were met with a decline in new listings, resulting in declining inventory levels throughout the year. Inventory levels across the province dipped by over 16 per [...]


  FIVE CONSECUTIVE MONTHS OF ABOVE-AVERAGE SALES DESPITE INVENTORY WOES December 6, 2023 For immediate release: There were 1,006 sales reported across the province in November, a 10 per cent year-over-year increase, marking the fifth consecutive month of year-over-year sales increases in Saskatchewan. Much of the monthly sales gains were driven by rising activity in the Regina and Saskatoon Regions. As seen in previous months, year-to-date sales remain well above long-term, 10-year trends, as the province continues to report strong sales. A slight year-over-year increase in new listings was not enough to offset above-average November sales, causing further retractions in inventory levels, specifically in homes priced below $400,000. Inventory levels decreased by over 16 per cent on a year-over-year basis and remain over 30 per cent below long-term, 10-year averages. “Saskatchewan’s housing market continues to benefit from a strong economy, record employment and population growth,” said [...]


STRONG SALES CONTINUE IN OCTOBER DESPITE PERSISTENT INVENTORY CHALLENGES November 6, 2023 For immediate release: Saskatchewan reported 1,259 sales in October, a year-over-year gain of 11 per cent and nearly 13 per cent above long-term, 10-year trends. Above-average October sales in the province can be attributed to gains in the detached, apartment and townhouse/row-style sectors. Despite year-to-date sales remaining slightly below levels experienced last year, Saskatchewan continues to report sales activity much stronger than the 10-year average. As seen in prior months, supply challenges continued to persist across many regions of the province in October. Inventory levels fell by over 15 per cent compared to last year and remain over 30 per cent below the 10-year average. Adjustments to sales and inventory levels, paired with declining new listings, resulted in the province reporting below five months of supply in October, a 23 per cent year-over-year decrease and over 40 [...]


October 31, 2023 For Immediate Release: The Saskatchewan REALTORS® Association (SRA) is delivering the latest AI-powered tools to its 1,700 members in Saskatchewan, Canada, provided by Restb.ai, the industry leader in artificial intelligence-powered computer vision technology in the North American real estate industry. Today’s announcement includes the successful implementation of several advanced computer vision tools that will allow Saskatchewan REALTORS® to upload a new listing in a fraction of the time it currently takes. The tools are fully integrated into Matrix™, the multiple listing service (MLS) software platform in Saskatchewan, powered by CoreLogic. For the general consumer’s interest, this feeds into the well-known and trusted REALTOR.ca consumer-facing website. The breakthrough AI tech tools now available include the automation of generative AI Tags. Restb.ai technology scans each photo uploaded by the REALTOR® into the MLS® System and automatically identifies a home's vital interior and exterior features. Realtors save significant time [...]