Blog - Jenni Bast

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SASKATCHEWAN HOUSING MARKET OFF TO A STRONG START IN 2025

February 6, 2025 Immediate Release: Saskatchewan’s housing market is off to a strong start in 2025, with 782 sales across the province in January—up one percent year-over-year and over 17 percent above 10-year averages. Strong January sales led to the nineteenth consecutive month of above-average sales in the province, a streak of robust sales that […]
STRONG DECEMBER SALES WRAP UP SASKATCHEWAN’S SECOND-BEST YEAR ON RECORD

January 7, 2025 FOR IMMEDIATE RELEASE: Saskatchewan reported 776 sales in December, up three percent year-over-year and nearly 15 percent above long-term, 10-year averages. Above-average December sales capped off the second-strongest year on record for resale housing activity in Saskatchewan, with 16,119 sales across the province in 2024, up nearly nine percent from 2023. Strong […]
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SUSTAINED HOUSING DEMAND DRIVES NEAR-RECORD NOVEMBER SALES

December 6, 2024 For Immediate Release: Saskatchewan reported 1,179 sales in November, marking the second-highest monthly sales volume ever for the month. This represents an 18 percent increase compared to November 2023 and 27 percent above the 10-year historical average. Sales growth was widespread, with nearly all regions of the province contributing to a nine […]
STRONG SALES CONTINUE AMID RECORD-BREAKING OCTOBER

November 5, 2024 FOR IMMEDIATE RELEASE: Saskatchewan reported 1,520 sales in October, the highest monthly sales level ever reported for the month. Sales were over 21 percent higher than last year’s levels and 36 percent above long-term, 10-year historical averages. Sales levels improved across all regions of the province in October, contributing to a year-to-date […]

Market Updates SASKATCHEWAN HOUSING MARKET OFF TO A STRONG START IN 2025 February 6, 2025 Immediate Release: Saskatchewan’s housing market is off to a strong start in 2025, with 782 sales across the province in January—up one percent year-over-year and over 17 percent above 10-year averages. Strong January sales led to the nineteenth consecutive month of above-average sales in the province, a streak of robust sales that […]

STRONG DECEMBER SALES WRAP UP SASKATCHEWAN’S SECOND-BEST YEAR ON RECORD January 7, 2025 FOR IMMEDIATE RELEASE: Saskatchewan reported 776 sales in December, up three percent year-over-year and nearly 15 percent above long-term, 10-year averages. Above-average December sales capped off the second-strongest year on record for resale housing activity in Saskatchewan, with 16,119 sales across the province in 2024, up nearly nine percent from 2023. Strong […]

Market Updates SUSTAINED HOUSING DEMAND DRIVES NEAR-RECORD NOVEMBER SALES December 6, 2024 For Immediate Release: Saskatchewan reported 1,179 sales in November, marking the second-highest monthly sales volume ever for the month. This represents an 18 percent increase compared to November 2023 and 27 percent above the 10-year historical average. Sales growth was widespread, with nearly all regions of the province contributing to a nine […]

STRONG SALES CONTINUE AMID RECORD-BREAKING OCTOBER November 5, 2024 FOR IMMEDIATE RELEASE: Saskatchewan reported 1,520 sales in October, the highest monthly sales level ever reported for the month. Sales were over 21 percent higher than last year’s levels and 36 percent above long-term, 10-year historical averages. Sales levels improved across all regions of the province in October, contributing to a year-to-date […]

NEAR-RECORD SEPTEMBER SALES DRIVEN BY STRONG DETACHED ACTIVITY October 4, 2024 FOR IMMEDIATE RELEASE: Saskatchewan reported 1,398 sales in September, an eight percent year-over-year increase and nearly 15 percent above long-term, 10-year trends. September marked the fifteenth consecutive month of above-average sales in Saskatchewan, with sales levels across the province amongst the strongest ever reported for the month. Strong gains in the detached […]

Uncategorized SASKATCHEWAN’S HOUSING LEADERS RESPOND TO SASKATCHEWAN PARTY PLATFORM ANNOUNCEMENT October 4, 2024 For Immediate Release: Saskatchewan’s Housing Leaders strongly support Saskatchewan Party Leader, Scott Moe’s announcement that a re-elected Saskatchewan Party government will introduce a permanent Saskatchewan Home Renovation Tax Credit and increase the Saskatchewan First-Time Homebuyers Tax Credit. Under these proposed changes, homeowners will be eligible to claim a provincial tax credit of […]

Market Updates ABOVE-AVERAGE SALES CONTINUE TO DRIVE PRICE GROWTH IN AUGUST September 5, 2024 FOR IMMEDIATE RELEASE: Saskatchewan reported 1,507 sales in August, a seven per cent year-over-year decrease but over 12 per cent above long-term, 10-year averages. Despite a slight pullback in sales, August marked the fourteenth consecutive month of above-average sales, and year-to-date sales remain seven per cent higher than levels reported last year. […]

Market Updates STRONG SALES CONTINUE IN JULY DESPITE ONGOING INVENTORY PRESSURES August 7, 2024 FOR IMMEDIATE RELEASE: Saskatchewan reported 1,667 sales in July, a seven per cent year-over-year gain and over 20 per cent above long-term, 10-year averages. The thirteenth consecutive month of above-average sales in the province has contributed to year-to-date sales that were 10 per cent above July 2023 and 19 per cent above […]

PRICE GROWTH CONTINUES AS NUMEROUS COMMUNITIES REPORT RECORD BENCHMARK PRICES IN JUNE July 4, 2024 FOR IMMEDIATE RELEASE: Saskatchewan reported 1,675 sales in June, a one percent year-over-year decrease but nearly 10 percent above long-term, 10-year averages. Sales levels improved in properties priced above $400,000, which nearly offset the pullback in homes priced below $300,000, as inventory challenges continue to prevent even stronger monthly sales. New listings […]

STRONG SALES CONTINUE AS INVENTORY LEVELS REMAIN AT LOWEST LEVELS SEEN SINCE 2008 June 6, 2024 FOR IMMEDIATE RELEASE: Saskatchewan reported 1,841 sales in May, up six percent year-over-year and 24 per cent above long-term, 10-year averages. Sales levels remain strong across many regions of the province, with the largest year-over-year gains occurring in the Swift Current-Moose Jaw and Northern regions. In line with seasonal expectations, the province […]

STRONG SALES, SUPPLY CHALLENGES PUSH INVENTORY TO LOWEST LEVELS SEEN SINCE APRIL 2008 May 6, 2024 FOR IMMEDIATE RELEASE: Saskatchewan reported 1,642 sales in April, up 32 percent year-over-year and compared to long-term, 10-year averages. April marked the fourth consecutive month of above-average sales to open in 2024, resulting in year-to-date sales nearly 17 percent above last year. Sales levels improved across all larger regions of the province, […]

ABOVE-AVERAGE SALES CONTINUE IN MARCH DESPITE INVENTORY WOES April 4, 2024 FOR IMMEDIATE RELEASE: Saskatchewan reported 1,183 sales in March, a 2 percent year-over-year decline and nearly 6 percent above long-term, 10-year averages. Despite a slight year-over-year dip in March sales, year-to-date sales remain 10 percent above levels seen last year. The strong start to the year was primarily driven by gains in […]

STRONG SALES AND RISING DEMAND PUSH INVENTORY TO LOWEST POINT SINCE FEBRUARY 2006 March 6, 2024 FOR IMMEDIATE RELEASE: Saskatchewan reported 999 sales in February, a 17 percent year-over-year gain and 24 percent above long-term, 10-year averages. Although February sales followed common seasonal trends in rising above activity levels from the month prior, the pace of growth was significant and well above levels typically seen for this time […]

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 […]

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 […]

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, […]

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 […]

SASKATCHEWAN REPORTS STRONG SEPTEMBER SALES DESPITE LOWEST INVENTORY LEVELS SEEN SINCE 2009 October 5, 2023 FOR IMMEDIATE RELEASE: Saskatchewan reported 1,295 sales across the province in September, a year-over-year gain of 2.5 per cent and 6.3 per cent above long-term, 10-year averages. While year-to-date sales have eased compared to last year, Saskatchewan continues to report sales well above long-term trends. Supply challenges continued across the province in […]

Uncategorized Posthaste: 3.4 million Canadians will renew their mortgages by 2025 — and they’re worried The days of “rock-bottom rates” are over and mortgage borrowers will have to adjust to the new reality. That’s the message from real estate brokerage Royal LePage, which released a poll Oct. 26 showing elevated homeowner anxiety about the coming wave of mortgage renewals. Over the next 18 months, the firm estimates that 3.4 million […]

Market Updates SASKATCHEWAN REPORTS STRONG SEPTEMBER SALES DESPITE LOWEST INVENTORY LEVELS SEEN SINCE 2009 October 05, 2023For immediate release: Saskatchewan reported 1,295 sales across the province in September, a year-over-year gain of 2.5 per cent and 6.3 per cent above long-term, 10-year averages. While year-to-date sales have eased compared to last year, Saskatchewan continues to report sales well above long-term trends. Supply challenges continued across the province in September, […]