Saskatchewan real estate market still hot

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 up 158.2 per cent in Saskatoon and up 172.2 per cent in Regina. In Humboldt, sales were up 425 per cent.

In Saskatoon, the MLS Home Price Index was up 10.6 per cent to $321,000. In Regina the price of a benchmark single family home rose 8.5 per cent year over year and is now at $261,800. Inventories are down in all 24 markets that the SRA tracks.



More from Play92