Regina realtors seeing 'pullback' in home sales, association says
Housing supply levels are at their lowest point in Regina in the past decade, according to the Saskatchewan Realtors Association (SRA).
There were 631 home sales recorded across Saskatchewan in January, which is a decline of 16 per cent year-over-year, the SRA explained in its latest update on market conditions.
Of those sales, 134 were in Regina, which was slightly below long-term trends.
“Rising lending rates paired with ongoing inflationary pressures are impacting what individuals can afford, and our market has struggled to see improvements in supply levels in lower-priced homes,” SRA CEO Chris Guérette said in a news release.
“Prospective buyers impacted by rate hikes are also faced with less choice in the more affordable segment of our market. Without question, these factors are contributing to a pullback in sales activity.”
With only 287 new listings in the Queen City, housing supply levels are at their lowest point since 2010.
The majority of the inventory decline is being driven by homes priced below $300,000, according to the SRA.
Provincially, homes priced over $300,000 did experience an inventory boost but did little to lessen the overall inventory situation across Saskatchewan.
The benchmark price of a home in Regina was reported as $312,200 in January.
This is down one per cent from the same time last year and significantly above the January 2021 benchmark of $291,300.
CTVNews.ca Top Stories
Unable to leave Syria, mothers of Canadian children forfeit repatriation to keep their families together
In a choice forced upon them by the Canadian government, four mothers have made the agonizing decision to forfeit an opportunity to repatriate their children from open air prisons in northeast Syria.
MP Han Dong issues libel notice to Global News over China interference reporting
Lawyers representing Toronto MP Han Dong served Global News with a libel notice on Friday over reports that alleged he spoke to a Chinese diplomat in February 2021 about delaying the release of the two Michaels, and that he was a 'witting affiliate' of Chinese interference networks – allegations that Dong denies.
Federal minimum wage, taxes on alcohol: Here's what's changing in Canada April 1
The federal minimum wage is increasing from $15.55 per hour to $16.65, and taxes are going up on gas and alcohol nationwide starting April 1.
Here's what to expect from the Canadian cottage market this year
A recent report from Royal LePage is predicting a drop in prices for Canadian cabins and cottages this year as demand softens from economic uncertainty and low housing stock.
Interim RCMP commissioner would support Criminal Code changes for stricter gun laws
Interim RCMP commissioner Michael Duheme says he would support the Criminal Code changes recommended in the Mass Casualty Commission report to implement stricter gun laws.
Akwesasne: Bodies of two more migrants found, bring total dead to eight
Police say the bodies of eight migrants have been retrieved from the waters off the Mohawk Territory of Akwesasne, straddling the Canada - U.S. border. The people whose bodies were recovered Thursday and Friday consisted of two families of Romanian and Indian origins who were likely trying to enter the U.S. illegally, police said Friday.
Donald Trump facing at least one felony charge in New York case: AP sources
Former U.S. president Donald Trump is facing multiple charges of falsifying business records, including at least one felony offence, in the indictment handed down by a Manhattan grand jury, two people familiar with the matter told The Associated Press on Friday.
A 106-year-old from the Philippines is Vogue's oldest ever cover model
Vogue Philippines has revealed Apo Whang-Od as the cover star of its April issue, a move that makes the 106-year-old tattoo artist from the Philippines the oldest person ever to appear on the front of Vogue.
Trudeau defends appointment of cabinet minister's sister-in-law as interim ethics commissioner
Prime Minister Justin Trudeau is defending the appointment of senior Liberal cabinet minister Dominic LeBlanc's sister-in-law as Canada's interim ethics commissioner.
Saskatoon
-
Sask. government offers pay bump for family doctors who work later hours
In an attempt to take pressure off hospital emergency rooms, the Saskatchewan government will offer a bump in pay for family doctors who work later hours.
-
Saskatoon police want to know where security cameras are
Police in Saskatoon are hoping to create a list of homes and businesses that have security cameras.
-
'Learn to live with this': Humboldt focuses on future 5 years after bus crash
Kevin Garinger says it feels like the passage of time is inexplicable. The five years since a deadly bus crash changed his city, his hockey team and his life sometimes feel like a lifetime. Other times it feels like yesterday.
Winnipeg
-
'Waking up to a really bad dream': Manitoba communities mourn four teenagers killed in crash
Multiple Manitoba communities are in mourning following the deaths of four teenagers in a car crash involving a semi-truck on Wednesday.
-
Zellers to open in Winnipeg next week
The wait is finally over for Winnipeggers who have been wanting to see Zellers make a return to the city.
-
'I don't feel right paying that money': Winnipeg man fighting phone bill exceeding $3,000
A Winnipeg parent is fighting to have his child's phone bill lowered after it was 10 times higher than normal.
Calgary
-
Motorcyclist killed in Macleod Trail crash
Emergency crews say a motorcyclist has died in a crash on Macleod Trail and it's suspected that speed was a factor in the incident.
-
Dangerous suspect has 50 warrants for his arrest, Calgary police say
Calgary police are warning the public about a man wanted on 50 warrants, including firearm and assault charges.
-
Homicide investigation closes Highway 552 northeast of Okotoks, Alta.
RCMP blocked off a highway southeast of Calgary on Thursday night as part of an investigation, which officials now confirm is connected to a homicide.
Edmonton
-
Harm reduction group alleges excessive force by Edmonton police officers
A local harm reduction group says force used by Edmonton police officers during a recent arrest on Whyte Avenue on Sunday was "appalling."
-
Edmonton man latest victim in string of violent events on Edmonton public transit
Some Edmonton commuters say they're scared to use public transit amid increasing acts of violence at LRT stations and bus stops around the city.
-
Police investigating shooting in north Edmonton
The Edmonton Police Service is investigating after gunfire was exchanged near a north Edmonton strip mall.
Toronto
-
Uninsured patients denied scheduled C-sections unless they pay $6,000, midwife says
In one day, Ontario midwife Manavi Handa saw three patients who will have to pay thousands of dollars to be able to schedule a C-section beginning on Sunday.
-
Ontario driver charged for driving too slow on Highway 401
An Ontario driver has been charged for driving too slow on Highway 401.
-
Suspect chased people with sharp object yelling racial slurs at Kennedy Station, police say
Toronto police are looking for a suspect who allegedly yelled racial slurs while chasing people with a sharp object at Kennedy subway station on Friday morning.
Ottawa
-
Akwesasne: Bodies of two more migrants found, bring total dead to eight
Police say the bodies of eight migrants have been retrieved from the waters off the Mohawk Territory of Akwesasne, straddling the Canada - U.S. border. The people whose bodies were recovered Thursday and Friday consisted of two families of Romanian and Indian origins who were likely trying to enter the U.S. illegally, police said Friday.
-
These are the top 10 intersections for red light camera tickets in Ottawa
King Edward Avenue is the red light district for Ottawa drivers, with three cameras on the busy road issuing thousands of tickets for running red lights last year.
-
Contract talks set to resume between Carleton University and striking education workers
About 3,000 graduate and undergraduate teaching assistants and contract instructors at Carleton University began strike action on Monday, after CUPE Local 4600 and the university failed to come to an agreement.
Vancouver
-
Popular Othello Tunnels not expected to reopen this year
A major tourist attraction and historical landmark near Hope, B.C., remains closed more than 16 months after being damaged by floods.
-
Vancouver lawyer banned from financial markets for role in U.S. fraud
B.C.'s securities regulator has permanently banned a Vancouver lawyer from the financial markets after he was convicted in a U.S. court for his role in a US$34-million fraud.
-
No more paying for prescription birth control: B.C. to make Canadian history April 1
Paying for prescription birth control will be a thing of the past in British Columbia starting Saturday, marking a Canadian first.
Montreal
-
Akwesasne: Bodies of two more migrants found, bring total dead to eight
Police say the bodies of eight migrants have been retrieved from the waters off the Mohawk Territory of Akwesasne, straddling the Canada - U.S. border. The people whose bodies were recovered Thursday and Friday consisted of two families of Romanian and Indian origins who were likely trying to enter the U.S. illegally, police said Friday.
-
Father of Old Montreal fire victim launches $22M lawsuit
A father of one of the seven victims of the deadly Old Montreal fire is suing Airbnb and the owner of the building that burned down for $22 million.
-
The Toronto to Montreal high-speed train just got another step closer
Toronto city council says it supports the creation of a high-speed train that would connect the city with Montreal.
Vancouver Island
-
B.C. musician and former pastor sentenced for sexual assault
A Vancouver Island musician and former church pastor will serve three months of house arrest, followed by 18 months of probation, after he was convicted of one count of sexual assault.
-
B.C. residents to pay more for hydro starting April 1
British Columbia residents will pay an average of $2 more per month for hydro power starting Saturday.
-
UVic hosts Trans history conference during Transgender Day of Visibility
The University of Victoria is playing host to the "Moving Trans History Forward" conference, which launched on March 30 and will run until April 2, coinciding with International Transgender Day of Visibility on March 31.
Atlantic
-
'Impervious to change': doubt, disappointment after initial RCMP response to inquiry recommendations
After the RCMP commissioner admitted he didn't read the Mass Casualty Commission’s final recommendations, family members of those killed in the April 2020 tragedy say they have doubts the force will change.
-
N.S. doctor denies alleged negligence in case of woman who died after long ER wait
A doctor named in a lawsuit after a Nova Scotia woman died in hospital following a long wait to see a physician has denied allegations from the family that he failed in his duties.
-
'Nova Scotians' sense of safety was rocked': RCMP failures dominate inquiry's final report into 2020 mass shooting
A long list of failures by Nova Scotia RCMP leadership and policing systems dominate the final report into Nova Scotia's April 2020 mass shooting.
Northern Ontario
-
Northern Ont. man receives lifetime hunting ban, fined $5,000 for grouse stash
A northern Ontario man has been banned from licenced hunting and fined $5,000 after pleading guilty to having more than six times the legal limit of grouse and obstructing conservation officers.
-
‘Nobody wants this’: Opposition grows to renaming Chippewa Secondary School
The plan to rename a North Bay high school is receiving tons of backlash online and has sparked outrage from some school alumni and the community.
-
Six arrested, 2.7 kilos cocaine seized in massive drug bust in Sudbury, GTA
Ontario's guns and gangs team says with the help of police in Sudbury and Durham, it has disrupted a large drug trafficking operation, seizing 2.7 kilograms of cocaine and arresting six.
Kitchener
-
Family of Beau Baker 'deeply concerned' after inquest jury rules his death a suicide
The inquest jury found that Beau Baker, 20, died by suicide with the cause of death being a gunshot wound in the torso.
-
Packing up Portraits of Honour: Cambridge memorial on the move
A Cambridge memorial that pays tribute to Canada’s fallen soldiers is on the move.
-