The pace of house sales continues to slow in Saskatchewan. According to the Saskatchewan Realtors Association, there were 854 sales across the province in the month of February. That’s down 19 percent compared to February of last year. “We continue to see higher lending rates and supply challenges contribute to a pullback in sales,” said […]
Rising interest rates and inflation are continuing to slow house sales in Saskatchewan. According to the Saskatchewan Realtors Association, there were 134 homes sold in Regina in the month of January. That is slightly lower than the year before. Regina reported a benchmark price of $312,200 in January, down one per cent compared to January […]
With the federal government trying to pump the brakes on inflation through interest rate hikes, housing sales remain pretty strong in Saskatchewan. “As expected, gains in lending rates are having some cooling impacts on the housing market causing consumers to seek out more affordable options.” according to Chris Guérette, CEO of Saskatchewan Realtors Association. […]
The Saskatchewan Realtors Association says the real estate market in the province set another sales record in April. Across the province there were 1,865 homes sold which is up nearly 182 per cent from last April, during the lock-down, and up 97.2 per cent year-to-date. New listings were up over 41 per cent. Sales were […]
Real estate in Saskatchewan continues to boom during the pandemic, setting yet another sales record in March. The Saskatchewan Realtors Association (SRA) says home sales in March were up 85 percent from last year, while inventories were down. Economic Analyst Chris Gbekorbu says having low inventory is actually helping the market. “We’ve got lower inventory, […]